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Which one of the following statements concerning the random walk hypothesis is correct?

lotusflwr

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Which one of the following statements concerning the random walk hypothesis is correct?

Which one of the following statements concerning the random walk hypothesis is correct?

▸ Stock price movements are predictable but only over short periods of time.

▸ Stock prices respond to new information.

▸ Stock prices in general follow repetitive patterns but the actions of individual investors are random in nature.

▸ Random price movements indicate that investors can earn abnormal profits on a routine basis.

Textbook

Fundamentals of Investing

Fundamentals of Investing

Edition: 14^th

Authors: Zutter, Smart

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Sirangelou

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lotusflwr Author

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Thanks

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husne

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