Do you think investors can earn abnormal returns in financial markets that are at least semistrong-form efficient?

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Do you think investors can earn abnormal returns in financial markets that are at least semistrong-form efficient?




Answered Same DayDec 25, 2021

Answer To: Do you think investors can earn abnormal returns in financial markets that are at least...

Robert answered on Dec 25 2021
113 Votes
As per the semi strong hypothesis, all the information that is available in the public domain I
bu
ild into the price of the stock and hence there is no stable deviation of the price from the
intrinsic value. As a result, fundamental analysis does not yield much value and also the
public...
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