Quiz Ch 08 – Understanding Market Efficiency Forms
Essentials of Investments
Bodie, Kane, and Marcus
12th Edition
Which statement(s) accurately describe(s) the relationship between different forms of market efficiency?
Which statement(s) accurately describe(s) the relationship between different forms of market efficiency?
What is the term for selecting stocks based on identifiable price patterns?
What phenomenon denotes the shift where the __________ performing stocks in one period excel in the subsequent period, while the current __________ performers trail the market thereafter?
Which is NOT associated with abnormal excess stock returns?
Which option presents a scenario that challenges the efficient market hypothesis?
Which scenario challenges the weak-form of the efficient market hypothesis?
What information does the weak-form of the EMH stipulate must be accounted for in the current stock price?
Which option presents evidence against the proposition of weak-form market efficiency?