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Strong form of the EMT |
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Strong form of the EMTTheory that market prices reflect all relevant publicly and privately available information. Defined by Eugene F. Fama in 1970.Strong form of the EMT Similar MatchesStrong CurrencyStrong CurrencyA currency whose value compared to other currencies is improving, as indicated by a decrease in the direct exchange rates for the currency. Strong dollarStrong dollarWhen the dollar can be exchanged for a large amount of foreign currency, benefiting travelers but hurting exporters. Strong form efficiencyStrong form efficiencyA form of pricing efficiency, that posits that the price of a security reflects all information, whether or not it is publicly available. Related: Weak-form efficiency, semi-strong form efficiency. Semistrong form efficiencySemistrong form efficiencyA form of pricing efficiency that profits the price of a security fully reflects all public information (including, but not limited to, historical price and trading patterns). Compare weak-form efficiency and strong-form efficiency. |
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