MA5840 Data Science and Strategic Decision Making Efficient Markets Hypothesis Background Information The Efficient Markets Hypothesis (EMH) claims that future
MA5840 Data Science and Strategic Decision Making Efficient Markets HypothesisBackground InformationThe Efficient Markets Hypothesis (EMH) claims that future stock prices cannot be predicted from past stock prices, and that the asset management industry is a scam. There are three versions of the EMH: Weak form future stock prices cannot be predicted from publicly-available information, but…