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vinsu, Professor
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Experience:  MBA in Finance and Marketing
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Which of the following statements is correct

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Which of the following statements is correct?                      If a market is strong-form efficient, this implies that the returns on bods and stocks should be indentical.     OR                     If a market is weak-form efficient, this implies that above-average returns can best be achieved by focusing on past movement of stock prices.   OR                                     & nbsp;     If you uncle earned a higher return on his portfolio over a 10year period than the return on the overall stock market, this would demonstrate that the stock market is inefficient.    OR                                   &n bsp;              Because of increse globalization, all of the world's stock markets are equally efficient as that term is defined in the text.     OR   If a market is semistrong-form efficient, this implies that above-average returns cannot be achieved by analyzing publicly available data because such information is already reflected in stock prices.
Submitted: 8 years ago.
Category: Finance
Expert:  vinsu replied 8 years ago.

The last option is correct

If a market is semistrong-form efficient, this implies that above-average returns cannot be achieved by analyzing publicly available data because such information is already reflected in stock prices.

Semi strong implies that all public information is reflected in the stock prices and so above average returns cannot be generated by analyzing the publicly available information

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