An investment theory based on the assumption that stock price movements are purely random is called the ________ theory.
A)fundamental
B)technical
C)efficient market hypothesis
D)primary
E)market

Question

Quizplus · Accepted Answer

The Efficient Market Hypothesis (EMH) posits that all available information is already reflected in stock prices, and as such, it assumes that price movements are random and not predictable.

An Investment Theory Based on the Assumption That Stock Price