Overall, the low P/E strategy should be viewed as a strategy that would best help investors in the short-run as opposed to the intermediate or long-run.
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Q27: Under the semi-strong form of the EMH,
Q28: A dividend announcement effect would be considered
Q29: Short-lived inefficiencies appearing on a random basis
Q30: Consecutive stock price changes have been shown
Q31: The evidence obtained on weak-form efficiency casts
Q33: A belief in the size effect anomaly
Q34: Efficient markets are characterized by a large
Q35: The January effect is most pronounced for
Q36: Careful adherence to a low P/E strategy
Q37: Tests of the strong-form EMH include studies
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