In Testing Whether a Market Is Characterized by Weak Form

question 5

Multiple Choice

In testing whether a market is characterized by weak form efficiency:

• A)a positive coefficient of serial correlation for a particular share indicates a tendency toward
• Reversal.
• B)a negative coefficient of serial correlation for a particular equity indicates a tendency
• Toward continuation.
• C)serial correlation coefficients are consistent with weak form efficiency.
• D)Both A and C.
• E)Both A and B.

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