Examlex
________ can be defined as the process whereby energy is beamed from its source through space and matter to a selected target area.
Strong-form Efficiency
A market hypothesis suggesting that prices fully reflect all available information, both public and private, making it impossible for investors to consistently achieve higher returns.
Semistrong-form Efficiency
A hypothesis that asserts the market price of securities already reflects all publicly available information, making it hard to achieve higher returns.
Weak-form Efficiency
A market efficiency theory suggesting that past stock prices and volume data do not affect stock prices and thus cannot predict future stock movements.
Positive-earnings Surprises
Situations where the reported earnings of a company exceed the expected earnings, often leading to a positive reaction in the stock market.
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