Financial markets operate with varying degrees of efficiency. What are the main ways in which the...

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Financial markets operate with varying degrees of efficiency.What are the main ways in which the efficiency of financial marketsand instruments are defined? Which markets are most efficient?Least efficient? Based on what measures? Why?

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The efficiency of financial markets is defined by 3 forms of efficiency Strongform No investor can outperform the market by fundamental or technical analysis or better information Semistrong Neither technical nor fundamental analysis can result in    See Answer
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Financial markets operate with varying degrees of efficiency.What are the main ways in which the efficiency of financial marketsand instruments are defined? Which markets are most efficient?Least efficient? Based on what measures? Why?

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