Investigators have tested the strong form EMH by examining the performance of the following type of investor:
A) Corporate insiders.
B) Stock exchange specialists.
C) Security analysts.
D) Professional money managers.
E) All of the above.

Question

Quizplus · Accepted Answer

The strong form of the Efficient Market Hypothesis (EMH) suggests that all information, public and private, is reflected in stock prices. Therefore, the performance of corporate insiders, stock exchange specialists, security analysts, and professional money managers has been examined to test this hypothesis.

Investigators Have Tested the Strong Form EMH by Examining the Performance