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efficient market |
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Efficient market Market in which prices correctly reflect all relevant information.
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He touches on technical and fundamental analysis, the efficient market hypothesis, behavioral theories, game theory, risk and diversification, and chaos and complexity theory. The efficient market hypothesis says in effect that market prices at any given time already reflect all relevant information that can be known or suspected. A strong-form efficient market is one that immediately and continually reflects all relevant information, including inside information. |
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