Research on the Weak-Form Efficient Market Suggests That

question 85

Multiple Choice

Research on the weak-form efficient market suggests that:

• A)past trends cannot be used to predict the future
• B)technical analysis has limited value
• C)stock prices follow a random walk
• D)more than oneall of the above

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Definitions:

Aldol Product

A compound produced by an aldol condensation reaction, typically involving the formation of a β-hydroxy ketone or aldehyde.

4-methylpentanal

An organic compound, specifically an aldehyde, with the chemical formula C6H12O, characterized by a methyl group attached to the fifth carbon of a pentanal chain.

Sodium Hydroxide

A highly caustic and strong base used in many industries; it is also known as lye or caustic soda.

α,β-unsaturated Aldehyde

An organic compound with a double bond between the alpha and beta carbon atoms and a carbonyl group at the alpha position.