Research on the weak form of the efficient market hypothesis suggests that:
A)stock prices are independent over time.
B)past trends cannot be used to predict the future.
C)charting and technical analysis have limited value.
D)More than one of the above

Question

Quizplus · Accepted Answer

Research on the weak form of the efficient market hypothesis suggests that stock prices are independent over time, and past trends cannot be used to predict the future. Charting and technical analysis have no value.

Research on the Weak Form of the Efficient Market Hypothesis