An efficient market hypothesis states all public information which is reflected in current market prices is classified as
A
weak form efficiency
B
strong form efficiency
C
market efficiency
D
semi strong efficiency
Correct Answer: semi strong efficiency
An efficient market hypothesis states all public information which is reflected in current market prices is classified as semi strong efficiency. The semi-strong form efficiency is a type of efficient market hypothesis (EMH), which holds that security prices adjust quickly to newly available information, thus eliminating the use of fundamental or technical analysis to achieving a higher return.