Weak Form Efficiency

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Weak Form Efficiency

A version of the efficient markets theory on how markets work. It holds that the market efficiently deals with most information on a given security and reflects it in the price immediately. Specifically, weak form efficiency states that technical analysis is ineffective and that prices are on a random walk. Investors and academics disagree on how well the model works, but it is less controversial than the semi-strong form of the EMT and the strong form of the EMT.
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As higher O and M cost and weak efficiency gains dragged down the bottom-line in 2QFY14.
Despite the system's improving financial performance in 2012, Fitch expects a challenging economic environment next year, which combined with structurally weak efficiency and potential asset quality deterioration, will make it difficult to sustain high profitability.
He also addressed the development constraints of governmental performance in aspects relating to the strategic planning of governmental performance and difficulties in organizational development through the duplication and overlap of some role between government units and non-visibility sometimes, instability of organizational structures and their inflation, in addition to the absence of mechanisms for measuring rates of governmental performance, the levels of delivery of government services, weak efficiency of human resources, as well as traditional means of communication, the weakness of relying on the information and communication systems in governmental performance, in addition to a range of legal and legislative constraints.
The conclusion is that we have a weak efficiency of the special surveillance devices, while at the same time we constantly increase their use," Iliev said.
But the confusion and weak efficiency of the security agencies in the post-Syrian withdrawal phase, she said, is mainly due to the "total paralysis" that hit the political institutions, notably the parliament and government, as well as the clash between opposing political trends that left its marks on the security system as a whole.
The relevant test of weak efficiency is whether the revision series, each of maximum possible length eight, exhibit autocorrelation of order greater than one.
They define weak efficiency to exist if there is no betting opportunity available that will yield a positive net expected return, i.
BHD's weak efficiency ratios, less diversified income structure compared to regional peers, and public sector exposure are also incorporated in the VR.
6 million respectively (1), owing to low core profitability, weak efficiency, and high loan loss provisions.
The bank has exhibited a consistently high financial profitability over the last six years, which compares positively to its main local and international peers, despite its weak efficiency derived from its business model.
However, in the near term, the level and trend of core earnings could be difficult to overcome due to weak efficiency ratios.
Nevertheless, FUCEREP's ratings remained constrained by its small size, weak efficiency and low diversification by business line and by geographical region.