Examlex
Explain the relationship between a hiatal hernia and gastroesophageal reflux disease (GERD).
Semi-Strong Form
The semi-strong form of market efficiency hypothesizes that stock prices incorporate all publicly available information, suggesting that investors cannot earn excess returns through fundamental analysis.
Market Efficiency
A financial theory stating that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns.
Efficient Capital Market
Market in which security prices reflect available information.
Security Prices
The cost or price of financial instruments such as stocks, bonds, and derivatives, determined by market supply and demand.
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