Why should I choose AnalystNotes?

Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.

Basic Question 11 of 14

EMH proponents do not rule out excess returns from technical analysis because ______

A. numerous studies document the ability of technical analysts to predict breakout points.
B. technical analysis remains widely used as a forecasting tool.
C. of results found in real-time studies monitoring the trading of technical analysts.
D. markets do not adjust perfectly, leaving the possibility of over- or under-adjustment.

User Contributed Comments 1

User Comment
johntan1979 The Big Boys win most of the time.
You need to log in first to add your comment.
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

Andrea Schildbach

Learning Outcome Statements

contrast weak-form, semi-strong-form, and strong-form market efficiency

explain the implications of each form of market efficiency for fundamental analysis, technical analysis, and the choice between active and passive portfolio management

CFA® 2024 Level I Curriculum, Volume 3, Module 3.