Semi-strong form efficiency

A form of pricing efficiency where the price of the security fully reflects all public information ( including, but not limited to, historical price and trading patterns). Compare weak form efficiency and strong form efficiency. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • Semi-Strong Form Efficiency — A class of EMH (Efficient Market Hypothesis) that implies all public information is calculated into a stock s current share price. Meaning that neither fundamental nor technical analysis can be used to achieve superior gains. This class of EMH… …   Investment dictionary

  • strong-form efficiency — A form of pricing efficiency, that posits that the price of a security reflects all information, whether or not it is publicly available. Related: Weak form efficiency , semi strong form efficiency . Bloomberg Financial Dictionary …   Financial and business terms

  • Strong-form efficiency — Pricing efficiency, where the price of a, security reflects all information, whether or not it is publicly available. Related: Weak form efficiency, semi strong form efficiency …   Financial and business terms

  • Price Efficiency — The premise that asset prices are efficient, to the extent that they already factor in or discount all available information. The theory of price efficiency follows from the efficient market hypothesis, which holds that since markets are… …   Investment dictionary

  • Efficient-market hypothesis — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • efficient markets hypothesis — A theory holding that transactors in financial markets cannot make abnormal returns on the basis of exploiting information, since market prices incorporate all available information. The economist Eugene Fama has defined three categories of… …   Accounting dictionary

  • efficient markets hypothesis — A central theory of modern finance holding that transactors in financial markets cannot make abnormal returns on the basis of exploiting information, since market prices incorporate all available information. The economist Eugene Fama defined… …   Big dictionary of business and management

  • Сильная форма эффективности — (рынка) Форма ценовой эффективности рынка, при которой цена на ценную бумагу полностью отражает всю имеющуюся информацию, будь то опубликованная или неопубликованная информация. См. также Weak form efficiency(слабая форма эффективности) и semi… …   Инвестиционный словарь

  • Средняя степень эффективности рынка — форма ценовой эффективности рынка, при которой цена ценной бумаги полностью отражает всю общедоступную рыночную информацию, в том числе, исторические данные о цене и долгосрочные тенденции движения цен. По английски: Semi strong form efficiency… …   Финансовый словарь

  • Eugene Fama — Chicago School Of Economics Eugene Fama (left) winning the inaugural Morgan Stanley American Finance Association Award …   Wikipedia

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