Examlex
_______________ is the ability to perceive and respond to messages that are below the absolute threshold.
Market Efficiency
An economic theory that posits that it is impossible to "beat the market" because stock market efficiency causes existing share prices to always incorporate and reflect all relevant information.
Security Prices
The current market price or value of a financial security, such as stocks and bonds, determined by supply and demand.
Excess Returns
The return on an investment that exceeds the benchmark or risk-free return, reflecting the additional risk taken by the investor.
Small-company Stocks
Equity investments in companies with smaller market capitalization, often characterized by higher volatility and growth potential compared to large-cap stocks.
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