Los 41.d Flashcards
(4 cards)
1
Q
What is weak form market efficiency?
A
When security prices fully reflect market data
Cannot use Technical Analysis
2
Q
What is semi strong-form of market efficiency?
A
Security prices reflect market data and all public information - cannot use fundamental analysis
3
Q
What is the strong-form of market efficiency?
A
Security prices fully reflect all information from both public and private sources? In real life this is unlikely
4
Q
A
