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Capital Markets

E/F/42. Theoretical approaches to stock market efficiency

WORDS:
3000
DATE:
2006
PRICE:
39.99 GBP

The paper examines theoretical approaches to stock market efficiency reviewing the efficient market hypothesis (EMH), the conditions leading to market efficiency, the types of market efficiency, the concept of random walk, etc. The paper argues whether current information can predict future returns reviewing criticism of EMH and anomalies in the movement of stock market prices.

 

KEYWORDS: Stock, market efficiency hypothesis, random walk,

 
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