Discover how price efficiency reflects available information in market prices, explore examples, and understand its ...

Weak form market efficiency is a concept that suggests past stock prices and trading volumes do not predict future stock prices. In a weak form efficient market, all historical information is already ...

I began this article with the goal of addressing an academic notion, the efficient-market hypothesis, or EMH. My research dissuaded me. In one University of Chicago article, a faculty member questions ...

The return on equity and its more expansive variant, the return on invested capital, measure what a company is making on the capital it has invested in business, and is a measure of business quality.

The efficient market hypothesis is based on the notion that prices for securities or assets in a market are always reflective of all information available to investors. The efficient market hypothesis ...

In our last article entitled, "Intrinsic Value is Subjective," we presented decisive empirical evidence that directly falsified the Efficient Market Hypothesis (EMH). We showed that even under ...

The April 11 issue ofMoney Managementfeatured Robert Keavney’s Messenger article. While I respect Robert, I am afraid that his article could produce many misunderstandings of Efficient Market Theory ...