If the EMH Holds, Then Past Share Prices Cannot Be

question 60

True/False

If the EMH holds, then past share prices cannot be used to predict future share prices.

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Definitions:

Social Psychologists

Experts who study how an individual's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Source Credibility

The level of trustworthiness, reliability, and expertise attributed to a source of information by its audience.

Expertise

How much a source knows.

Trustworthiness

Whether a source will honestly tell you what he or she knows.