Examlex
Which of the following statements is false?
Semistrong-form
A theory suggesting that stock prices incorporate all publicly available information, including historical data and public news.
Efficient Market Hypothesis
A theory stating that share prices reflect all available information, making it impossible to consistently achieve higher returns.
Technical Analysis
The study of past market data, primarily price and volume, to forecast future price movements without considering the underlying financial condition of the company.
Price-to-earnings Ratios
A valuation ratio of a company's current share price relative to its per-share earnings, used to evaluate if a stock is over or undervalued.
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