Empirical support for market efficiency is strongest for:
A)weak form.
B)semi-strong form.
C)strong form.
D)no form of market efficiency is supported by the data.

Question

Quizplus · Accepted Answer

Weak form efficiency, which suggests that past trading information is already reflected in stock prices and that technical analysis cannot consistently outperform the market, has the strongest empirical support among the forms of market efficiency.

Empirical Support for Market Efficiency Is Strongest For