CHAPTER 9. Efficient Market Hypothesis. What are we going to learn in this chaper ?. If you knew Koza Altın’s stock price is going to jump from 30 TL to 40 TL in 3 days what would you do?.
Efficient Market Hypothesis
Ifyouknew Koza Altın’sstockprice is goingtojumpfrom 30 TL to 40 TL in 3 dayswhatwouldyou do?
Ifalltheinvestorsknew Koza Altın’sstockprice is goingtojumpfrom 30 TL to 40 TL in 3 dayswhatwouldthey do?
(takeoverannouncement, premium, publicannouncement)
(Positive serial correlation)
(Negative serial correlation)