Question: Which statement is correct? Multiple Choice The momentum factor refers to the tendency for stock price changes to persist for a while and then revert.
Which statement is correct?
Multiple Choice
- The momentum factor refers to the tendency for stock price changes to persist for a while and then revert.
- The momentum factor implies that stock prices are rather like a pendulum.
- The momentum factor is inconsistent with the strong form of the efficient market hypothesis.
- The momentum factor refers to the tendency for stock price changes to reverse.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
