Weak form market efficiency is a concept that suggests past stock prices and trading volumes do not predict future stock prices. In a weak form efficient market, all historical information is already ...

The Efficient Market Hypothesis stated across all markets simultaneously is false, but there is a lot of nuance, and there are numerous nuanced violations worth knowing about. Whether the EMH is true ...

The informational efficiency of stock prices is not only empirically disproven; it is a theoretical impossibility. The Knowledge Problem, as articulated by Friedrich Hayek, renders the Efficient ...

When money is put into the stock market, the goal is to generate a return on the capital invested. Many investors try not only to make a profitable return, but also to outperform, or beat, the market.

In this paper the stock prices of the Nigerian Stock Exchange (NSE) are examined for their confirmity with the weak form of the efficient market hypothesis. The distribution of daily stock returns is ...

This is a preview. Log in through your library . Journal Information The Review of Industrial Organization examines all aspects of the field and presents papers that advance significant theories of ...