That is to say, current prices reflect all publicly known information about each stock, and therefore are unbiased.
也就是说,现在的价格,反映了关于股票的所有公共信息,也就是说它是无偏向性的。
Today, it's priced given the best-known information and so tomorrow it's equally likely to go up or down.
由最广泛的信息所决定的,所以明天它涨价和降价的概率是相等的。
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