Instead of the usual interpretation of the Efficient Market Hypothesis in which traders extract and incorporate consciously (by their action) all information contained in market prices, we propose ...
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but ...
Unhappily, Global Industrial had to report a 5.6% decline in EPS over the last year. This reduction in EPS is not as bad as the 39% share price fall. This suggests the EPS fall has made some ...
An in-house research team creates internal research that works with the Acadian system. Acadian Asset Management rejects the efficient market hypothesis and is positioned firmly in the active school ...
The Gamestop stock explosion has mostly been told as a story of small versus big investors. But, my take is that it was also a big win for behavioral finance by disproving the efficient market ...