Which form of the efficient market hypothesis implies that security prices reflect only information contained in past prices?
A) Weak form
B) Semistrong form
C) Strong form
D) Hard form
E) Past form

Question

Quizplus · Accepted Answer

The weak form of the efficient market hypothesis states that security prices reflect all information contained in past prices, meaning that technical analysis and studying past price patterns cannot lead to abnormal returns.

Which Form of the Efficient Market Hypothesis Implies That Security