Strong form- shares prices will reflect full info. In strong market, do the investors have insider information?
Weak form- no insider info, it’s like today’s market in stock exchange
Semi strong - please explain little
I have watched lectures, i some times struggle to understand language and I get confuse. Sorry but let me know if I am wrong
Ask the Tutor ACCA FM
EMH
With strong-form efficiency insider dealing is not possible.
Semi-strong efficiency is where share prices reflect all information currently publicly available, and this is the current state of the stock market.
This is all typed out on Page 12 of our free lecture notes.
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