Question: Most technical trading rules claim to be able to beat the market don't include trading costs in their analysis. When costs are included, they are

Most technical trading rules claim to be able to beat the market don't include trading costs in their analysis. When costs are included, they are more likely to underperform the market rate of return than not. This means (choose one)

the weak form EMH is likely true.

the strong form EMH is likely true.

the semi-strong form EMH is likely true.

all three forms of EMH are likely true.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!