Form of market efficiency which considers speed with which information at public level is impounded in prices of stock is classified as
A
semi-strong form market efficiency
B
expensive form market efficiency
C
weak form of market efficiency
D
strong form of market efficiency
Correct Answer: semi-strong form market efficiency
Form of market efficiency which considers speed with which information at public level is impounded in prices of stock is classified as semi-strong form market 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.