Question
Jonathan discovered a year ago some interesting patterns on the stock price of his three favourite companies. Over this period, he has been able to
Jonathan discovered a year ago some interesting patterns on the stock price of his three favourite companies. Over this period, he has been able to benefit from it by buying the stocks every 3 Mondays and selling the next day, as he has identified that this sector of the economy increases at the beginning of every 3 weeks. Based on this information, which of the following is correct?
I. The weak form of efficiency is being violated.
II. The semi-strong form of efficiency is being violated.
III. The strong form of efficiency is being violated.
a) Only I is correct.
b) Only I and II are correct.
c) Only II is correct.
d) Only II and III are correct.
e) None of the above.
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