Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Define strong form of market efficiency
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Step 1
Strong form of market efficiency is considered to be the strongest form of efficient market hypothesis when compared with other two forms i.e. semi strong & weak form of market efficiency. When the market is strongly efficient neither the technical nor fundamental analysis can help to know the future fluctuations in the price.
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