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30 4 points Suppose that each month, you decide to buy stocks that performed well during the previous 6 months, and hold them for 3
30 4 points Suppose that each month, you decide to buy stocks that performed well during the previous 6 months, and hold them for 3 months. If this is a profitable trading strategy, this finding: The market is not semi-strong or strong form efficient but is weak-form efficient The market is not weak-form efficient but is semi-strong and strong form efficient The market is not efficient at all The market is not semi-strong efficient but is weak-form efficient The market is efficient based on all levels
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