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It has been observed that stocks that earned returns at least 2% more than their risk implied in the past week, continue to earn positive
It has been observed that stocks that earned returns at least 2% more than their risk implied in the past week, continue to earn positive alpha (that is return greater than their risk implies) the following month. This is a violation of:
Question 1 options: weak form EMH
semi-strong form EMH
strong form EMH
none of the above
It has been observed that stocks that earned returns at least 2% more than their risk implied in the past week, continue to earn positive alpha (that is return greater than their risk implies) the following month. This is a violation of:
| weak form EMH | |
| semi-strong form EMH | |
| strong form EMH | |
| none of the above |
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