Multiple Choice
The weak form of the efficient market theory contends that
A) past price performance is useless in predicting future price movements.
B) past performance can help determine the general direction of future price movements.
C) any publicly available information is useless in predicting future price movements.
D) price movements are not random but follow a general trend over a period of time.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: If a company's revenues and earnings are
Q7: Investor overconfidence leads to<br>A) too little trading.<br>B)
Q27: Which of the following characteristics are referred
Q47: People tend to<br>A) ignore information that contradicts
Q65: Evidence suggests that the price of a
Q83: Which of the following statements correctly present
Q92: Most investors quickly sell their losers and
Q96: Technical analysis is so called because it
Q116: Investors who buy mutual funds that have
Q117: For most companies, the stock price follows