Which form of the efficient market hypothesis implies that security prices reflect only information contained in past prices?
A)Weak form
B)Semistrong form
C)Strong form
D)Hard form
E)Past form

Question

Quizplus · Accepted Answer

The weak form of efficient market hypothesis states that security prices reflect all past price and volume information, meaning that technical analysis or studying past prices cannot help investors earn abnormal returns.

Which Form of the Efficient Market Hypothesis Implies That Security