9- Which of the following would be evidence that the market is not semi-strong-form efficient? Select one: a. There is a predictable relationship between successive price changes. b. Mechanical trading rules consistently outperform a "buy and hold" strategy. c. Analysis of publicly available information enables mispriced securities to be consistently identified. d. All of the above.

9- Which of the following would be evidence that the market is not semi-strong-form efficient? Select one: a. There is a predictable relationship between successive price changes. b. Mechanical...

Which of the following would be evidence that the market is not semi-strong-form efficient?

Select one:

There is a predictable relationship between successive price changes.

Mechanical trading rules consistently outperform a "buy and hold" strategy.

Analysis of publicly available information enables mispriced securities to be consistently identified.

All of the above.

Jun 05, 2022