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Basic Question 7 of 20
Tests of the semi-strong form of the EMH based on public information beyond price information include all of the following except ______.
B. the use of a 5% trading filter
C. a low book-value strategy
D. a high earnings growth strategy
A. a low price/earnings ratio strategy
B. the use of a 5% trading filter
C. a low book-value strategy
D. a high earnings growth strategy
User Contributed Comments 7
| User | Comment |
|---|---|
| kalps | Filture rule is used in the weak form |
| accounting | B is for weak form , i think? |
| tagr | Yes. |
| rethan | What is public market data? is it price and volume information? |
| kutta2102 | public is price, volume, company announcements of new products any legal issues etc etc |
| johntan1979 | I know this probably sounds lame, but I got it right because B is the only one without the word strategy :p |
| kondagadu | 5 % filter is part of market trading data , so weak form on hypothesis i guess |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe market anomalies
CFA® 2025 Level I Curriculum, Volume 3, Module 3.