We can summarize the market efficiency concept with the following epigram: “Prices reflect all available information.” A market is efficient if all investors know the same information and if the information are relevant to determine the value of a company.
Market efficiency and financial crisis
Market efficiency and financial crisis
Market efficiency and financial crisis
We can summarize the market efficiency concept with the following epigram: “Prices reflect all available information.” A market is efficient if all investors know the same information and if the information are relevant to determine the value of a company.