Efficient market is that , & reflects all in the
One foundation of market efficiency is (assumes all are & therefore, when is released in , they will their estimates of in way
Another foundation of market efficiency is from (accepts some do not act fully however, supposes there is . Irrationalities will cancel out each other & therefore will be
Third foundation of market efficiency is ( actions of many engaging in result in price being towards equilibrium level which opportunities so market is efficient)
One type of market efficiency is ( behaviour is in )
Another type of market efficiency is ( is reflected in )
Third type of market efficiency is ( is reflected in )
Random walk theory says change , with no or
Technical analysis is method of identifying by searching for in & predicting what the stock prices could be in
Fundamental analysis is method of identifying by analysing such as accounting data, business prospects &
Test for weak form of market efficiency is ( between on security & on security over )
Test for semi-strong form of market efficiency is