问题如下:
What will an investor get when using the standard fundmental analysis to make investments in a semi-strong efficient market?
选项:
A. He may get positive abnormal trading profits.
B. He may get zero abnormal trading profits.
C. He may get negative abnormal trading profits.
解释:
B is correct.
The semi-strong form of market efficiency says that all available public information is reflected in current prices. Thus, standard fundamental analysis will yield no abnormal trading profits.
老师,不太明白abnormal trading profits异常交易盈利?可以解释下吗?