efficient market hypothesis
由EFFama著作·1970·被引用39261次—Amarketinwhichpricesalwaysfullyreflectavailableinforma-tioniscalledefficient.Thispaperreviewsthetheoreticalandempiricalliteratureon ...,Theefficientmarketshypothesis(EMH)arguesthatmarketsareefficient,leavingnoroomt...
Eugene F. Fama, Efficient Markets, and the Nobel Prize
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ThemainpredictionofGene'sefficient-marketshypothesisisexactlythatstockpricemovementsareunpredictable!Aninformationallyefficientmarketisnot ...
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