(二)半强式有效市场(Semi-strong efficient market),是有效市场的第二层次 其特征是:证券的现行价格反映了所有已公开的信息,这些信息不仅包括证券价格和交易量等历史信息,而且...
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...集,有三种形式的有效市场的定义效市场的定义弱式有效市场(the weak form)半强式有效市场半强式有效市场(the semistrong form)强式有效市场强式有效市场(the strong form)强式有效市场强式有效市场(the strong form)针对这三种信息集,有三种形式的有...
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...础上他将市场定义为三种类型:弱式有效市场 (Weak-form market胡ici曲cy)2、半强式有效市场(Semi-strong-form market efficiency)3和强式效市场(sh加乎fonnmarket effidency)4。
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半强式有效市场假说 Semi-Strong Form Market Efficienty ; Semi-Strong-Form Market Efficiency
In another way, Fama still put forwards the three types of efficient Market based on classifying information about assets pricing by Roberts, there are weak-strong efficient market, semi-strong efficient market and strong efficient market.
此外,Fama根据Roberts(1967)对与资产定价有关的信息分类提出了区分有效市场的三种水平:弱式有效市场、半强式有效市场和强式有效市场。
参考来源 - 我国证券市场分形特征研究·2,447,543篇论文数据,部分数据来源于NoteExpress
根据对应的信息集的不同,人们将有效市场分为三类:弱式有效市场、半强式有效市场和强式有效市场。
According to the corresponding different information collection, the efficient market was divided into three kinds: weak form market, semi-strong form market and strong form market.
并且人们根据对应的信息集的不同,将有效市场分为三类:弱式有效市场、半强式有效市场和强式有效市场。
And the corresponding different information sets, the market will be divided into three categories: the weak-effective market, semi-strong efficient market and strong market effective.
同时实证结果表明市场尚未达到半强式有效,投资者可以利用公开的信息获得超额收益。
And the empirical study proves that our stock market is not semi-strong efficient because investors can gain abnormal returns with publicly information.
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