Examlex
Which of the following does NOT possess a double membrane?
Informationally Efficient
A market characteristic where prices fully reflect all available information, making it impossible to consistently achieve higher returns.
Random Walk
A theory suggesting that stock market prices evolve according to a random path and are therefore unpredictable.
Stock Prices
The cost of purchasing a share of a company, reflecting the market's valuation of that company.
Standard Deviation
A measurement that quantifies the variation or dispersion of a set of numerical data points.
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