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Information Efficiency and Anomalies in Asian Equity Markets: Theories and evidence
Paperback
Series: Routledge Studies in the Modern World Economy
ISBN13: 9780367595920
Publisher: Routledge
Published: Aug 14 2020
Pages: 254
Weight: 0.95
Height: 0.80 Width: 6.10 Depth: 9.10
Language: English
The efficient market hypothesis (EMH) maintains that all relevant information is fully and immediately reflected in a stock price and that an investor will obtain an equilibrium rate of return. This has far reaching implications in terms of capital allocation, stock price predictability, as well as the possibility of any profitable trading strat
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