Weak Form Efficiency: Excess Risk-Adjusted Returns and Investments | Test Prep

Excess Risk-Adjusted Returns in Weak Form Efficiency

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Question

Weak form efficiency states that excess risk adjusted returns cannot be obtained by using:

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A. B. C. D.

Explanation

Weak form - you can't make excess returns using technical analysis. Semi-Strong form - you can't make excess returns using fundamental analysis, which is the use of public information. Strong Form - you can't make excess returns using non-public information.