In an efficient market, market timing tends to lead to:
A) underperforming the market.
B) excess profits.
C) superior returns but only if you are a professional money manager.
D) a rate of return statistically equivalent to that of the overall market.
E) abnormal returns that vary from superior to inferior over time.

Question

Quizplus · Accepted Answer

In an efficient market, all available information is already reflected in stock prices, making it difficult to consistently outperform the market through market timing.

In an Efficient Market, Market Timing Tends to Lead To