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===Welcome to the Treasurer's Wiki===
One form of the Efficient Market Hypothesis (EMH).
   
The EMH is the general hypothesis that markets operate efficiently.  In other words that assets are fairly priced by the market mechanism to incorporate available information.


This wiki is maintained by the Association of Corporate Treasurers for the treasury community. The ACT has been a strong voice for the treasury community for over 30 years and as the profession develops and becomes every more important in the operation of corporate business, we extend our support and services to the thousands of professionals working across the world to minimise business risk and match the finances against the strategic aims of the business.


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There are three forms of potential efficiency: the weak form, the semi-strong form and the strong form.
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The semi-strong form states that prices react to public information so that any form of analysis using publicly available information cannot be successful in consistently generating excess returns.
 
 
== See also ==
* [[Closed period]]
* [[Efficient market hypothesis]]
* [[Insider dealing]]
* [[Strong form efficiency]]
* [[Weak form efficiency]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Latest revision as of 08:40, 23 July 2021

One form of the Efficient Market Hypothesis (EMH).

The EMH is the general hypothesis that markets operate efficiently. In other words that assets are fairly priced by the market mechanism to incorporate available information.


There are three forms of potential efficiency: the weak form, the semi-strong form and the strong form.


The semi-strong form states that prices react to public information so that any form of analysis using publicly available information cannot be successful in consistently generating excess returns.


See also