Which of the following causes a market to be weak-form efficient? Select one: a. Investors analysing past prices and buying shares they think are more likely to increase than decrease, pushing prices up until the share price reflects any information contained in the pattern of past prices. b. Investors analysing past prices and selling shares they think are more likely to decrease than increase, pushing prices down until the share price reflects any information contained in the pattern of past prices. c. Investors analysing past prices and selling shares they think are more likely to increase than decrease, pushing prices down until the share price reflects any information contained in the pattern of past prices. d. Both (a) and (b).
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Which of the following causes a market to be weak-form efficient?
Investors analysing past prices and buying shares they think are more likely to increase than decrease, pushing prices up until the share
Investors analysing past prices and selling shares they think are more likely to decrease than increase, pushing prices down until the share price reflects any information contained in the pattern of past prices.
Investors analysing past prices and selling shares they think are more likely to increase than decrease, pushing prices down until the share price reflects any information contained in the pattern of past prices.
Both (a) and (b).
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