Strong form of the EMT

(redirected from Strong Efficiency)

Strong form of the EMT

Theory that market prices reflect all relevant publicly and privately available information. Defined by Eugene F. Fama in 1970.

Strong Form of the EMT

The most controversial form of the efficient markets theory on how markets work. It holds that the market efficiently deals with all information on a given security and reflects it in the price immediately. Even insider information is immediately reflected in security prices. Therefore, the model holds that technical analysis, fundamental analysis, and any speculative investing based on them are useless. Investors and academics disagree on how well the model works. See also: Weak form of the EMT, Semi-strong form of the EMT.
References in periodicals archive ?
At the White House event, the company shared that its Thermo King trailer, self-powered truck, and marine refrigeration products with strong efficiency performance and lower-GWP refrigerants will be available to U.
It's well built, looks great, offers strong efficiency and there's a very good after-sales package.
This coupled with the bank's strong efficiency (cost-to-income ratio of 31% versus global ba2 peers at 56%), will also continue to support profitability in a context of regional margin pressures seen in the corporate lending and reduced liquidity stemming from prolonged low oil prices and commensurately higher funding costs.
While each model offers distinct levels of amenities, all three provide a willingness to drive through harsh conditions while maintaining strong efficiency.
The Qatari banking industry has an adequate share of core deposits, strong efficiency, and, recently, increasingly stringent lending practices.
The “China Water Purifier Market Forecast & Opportunities, 2018” report reveals that the strong efficiency and multistage purification capabilities are driving the revenue growth of the membrane-based water purifier segment.
The major factors that led to Qatar beng placed in this group were, Qatar's strong oil- and gas-based economy, banking sector's high stability and the banks' strong efficiency and profitability, S&P said.
After the close, Alcoa reported a 59-percent rise in year-over-year earnings, pointing to strong efficiency gains and a slightly tighter supply market.
High prices also spur strong efficiency gains and the development of solar power.
During his almost one-hour presentation, Moraleda emphasized that without strong efficiency measures and increased efforts to deploy renewable energy sources (RES), over the next two decades Mediterranean energy demand could increase by 40 percent, by a factor of 3, increasing the regional import dependence, taxing its emerging economy and exacerbating in the process the environmental concerns too.
MUSCAT: The rating captures the bank's strong franchise in Oman, with around 11 per cent share in domestic market assets, as well as its adequate financial performance, underpinned by a good recurring earning capacity, strong efficiency levels and adequate capitalisation.
We expect NOVATEK again to demonstrate strong efficiency when its full 1Q10 financials are published in the second week of May, and we have already priced this in.