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Which statement is correct? Multiple Choice The momentum factor refers to the tendency for stock price changes to persist for a while and then revert.

Which statement is correct?

Multiple Choice

  • The momentum factor refers to the tendency for stock price changes to persist for a while and then revert.
  • The momentum factor implies that stock prices are rather like a pendulum.
  • The momentum factor is inconsistent with the strong form of the efficient market hypothesis.
  • The momentum factor refers to the tendency for stock price changes to reverse.

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