Research on the weak-form efficient market suggests that:
A)past trends cannot be used to predict the future
B)technical analysis has limited value
C)stock prices follow a random walk
D)more than one of the above

Question

Quizplus · Accepted Answer

The weak-form efficient market hypothesis suggests that past trends cannot be used to predict the future, technical analysis has limited value, and stock prices follow a random walk. Therefore, the correct answer is D, more than one of the above.

Research on the Weak-Form Efficient Market Suggests That