Examlex
In __________, researchers use existing material and analyze data that were originally collected by others.
Past Performance
Indicates the historical financial results or operational achievements of a company, used as an indicator of potential future results.
Future Returns
The projected earnings or losses on an investment over an upcoming period.
Efficient Markets Hypothesis
A theory that asserts that financial markets are "informationally efficient", meaning that prices of securities fully reflect all available information at any point in time.
EMH
Efficient Market Hypothesis, a theory that suggests all available information is already reflected in stock prices, hence making it difficult to achieve consistently higher returns.
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