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Efficient capital market |
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Efficient capital marketA market in which new information is very quickly reflected accurately in share prices.Efficient capital market Similar MatchesGini CoefficientGini CoefficientA measure of income inequality within a population, ranging from zero for complete equality, to one if one person has all the income. It is defined as the area between the Lorenz Curve and the diagonal, divided by the total area under the diagonal. Internally efficient marketInternally efficient marketSee: Operationally efficient market Earnings response coefficientEarnings response coefficientA measure of relation of stock returns to earnings surprises around the time of corporate earnings announcements. Operationally efficient marketOperationally efficient marketMarket in which investors can obtain transactions services that reflect the true costs associated with furnishing those services. Also called an internally efficient market. Inefficient portfolioInefficient portfolioGroup of assets dominated by at least one other portfolio under the mean variance rule. For example, if A has both lower return and higher volatility than B, we say A is dominated by B. Further SuggestionsEfficient frontierEfficient markets theory(EMT) Regression coefficient Minimum efficient scale efficient market theory Efficient diversification Coefficient of determination Efficient allocation Correlation coefficient Efficient market Information Coefficient (IC) Efficient market Efficient set Coefficient of Variation |
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