Under the weak form of the EMH,technical analysis relying on the history of price information is of no value in trying to outperform the future market.

Question

Quizplus · Accepted Answer

The weak form of the EMH states that past price information is already reflected in current prices, so using technical analysis to predict future prices based on past trends is not effective in outperforming the market. Therefore, under the weak form of the EMH, technical analysis is of no value in trying to outperform the future market.

Under the Weak Form of the EMH,technical Analysis Relying on the History