This theory, which essentially states that the price of a traded asset, such as a share, fully reflects its true value, has been discredited by the market turmoil of the last two years.

这个理论基本上是说，市场上如股票之类的交易资产的价格充分体现了它的真正价值。这一理论已由于过去两年的市场动荡而遭到质疑。

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New quarterly data also released by the CFTC this month show that money flows to exchange-traded funds (ETFs) for commodities failed to correlate strongly with last year's price surge.

本月CFTC又发布了新季度的数据，数据显示投向交易型开放式指数基金(etf)、用于购买商品的资金不能与去年的物价飙升产生必然联系。

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After the two sides to bargain and finally to 15 yuan last traded price.

双方经过一番讨价还价，最后以15元一次的价格成交。

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Furthermore, on a price-to-sales basis over the last ten years, CA has normally traded for 2.53x to 4.03x, but the current price-to-sales (fiscal 2010) is only 2.47x.

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For example, over the last five years CKXE has traded for a price-to-cash earnings multiple of 20.0x to 51.1x, but currently it stands well below that range at 15.8x.

FORBES: American Idol's Other Simon Says Hello To CKX

For example, over the last ten years ANF has historically traded at a price-to-cash earnings level of between 9.4x and 20.6x, but the current price-to-cash earnings multiple is greater than 30x.

FORBES: Abercrombie CEO Unloads ANF Shares, So Should You