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 oneall of the above

Question

Quizplus · Accepted Answer

The weak-form efficient market hypothesis suggests that stock prices follow a random walk, meaning that past trends and technical analysis have limited value in predicting future prices. Therefore, all of the choices (A), (B), and (C) are correct.

Research on the Weak-Form Efficient Market Suggests That