If a market has weak form efficiency,an investor can make higher than expected profits by studying the past price patterns of a stock.

Question

Quizplus · Accepted Answer

If a market has weak form efficiency, past price patterns cannot be used to consistently earn profits higher than what would be expected based on chance. Therefore, studying past price patterns would not lead to higher than expected profits in this market.

If a Market Has Weak Form Efficiency,an Investor Can Make