This module focuses on weak-form, semi-strong-form, and strong-form market efficiency.
- Introduction
- Describe market efficiency and related concepts, including their importance to investment practitioners
- Distinguish between market value and intrinsic value
- Explain factors that affect a market’s efficiency
- Contrast weak-form, semistrong-form, and strong-form market efficiency
- Explain the implications of each form of market efficiency for fundamental analysis, technical analysis, and the choice between active and passive portfolio management
- Describe market anomalies
- Describe behavioral finance and its potential relevance to understanding market anomalies
- Disclaimer
- Test your knowledge!