Momentum strategies seem to violate even weak-form market efficiencyunless you believe that their returns are just normal

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Momentum strategies seem to violate even weak-form market efficiency—unless you believe that their returns are just normal because they reflect some sort of normal compensation for risk.

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Corporate Finance An Introduction

ISBN: 9780321277992

1st Edition

Authors: Ivo Welch

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Question Posted: Oct 25, 2024 10:07 AM

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Momentum strategies seem to violate even weak-form market efficiencyunless you believe that their returns are just normal because they reflect some sort of normal compensation for risk.
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Momentum strategies seem to violate even weak-form market efficiencyunless you believe that their returns are just normal

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Corporate Finance An Introduction

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