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 8 of 20

The January Effect is an anomaly that poses serious questions for the semi-strong form of the EMH because studies find that ______

A. most publicly traded stocks experience price gains in the month of January.
B. most publicly traded stocks experience price declines in the month of January.
C. price volatility is significantly higher in late December and January than in all other periods.
D. stocks that did poorly during the year seem to offer above-average returns in January.

User Contributed Comments 0

You need to log in first to add your comment.
I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

describe market anomalies

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