Define and discuss the semistrong-form EMH (Efficient-Market Hypothesis). Describe the two sets of tests used to examine the semistrong-form EMH.

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Semistrong-form EMH is the hypothesis that security prices adjust to the publication of available data and reflect all public information. The first set of tests used to examine the semistrong-form EMH is the return prediction studies aiming to estimate the time-series values of future rates of return through the use of public information.

The second set of appropriate tests is the results of event studies exploring abnormal rates of return related to a certain source of economic information. Due to space constraints, the method involves the examination of popular events available to the public.

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Academic.Tips. (2023) 'Define and discuss the semistrong-form EMH (Efficient-Market Hypothesis). Describe the two sets of tests used to examine the semistrong-form EMH'. 10 March.

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Academic.Tips. (2023, March 10). Define and discuss the semistrong-form EMH (Efficient-Market Hypothesis). Describe the two sets of tests used to examine the semistrong-form EMH. https://academic.tips/question/define-and-discuss-the-semistrong-form-emh-efficient-market-hypothesis-describe-the-two-sets-of-tests-used-to-examine-the-semistrong-form-emh/

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Academic.Tips. 2023. "Define and discuss the semistrong-form EMH (Efficient-Market Hypothesis). Describe the two sets of tests used to examine the semistrong-form EMH." March 10, 2023. https://academic.tips/question/define-and-discuss-the-semistrong-form-emh-efficient-market-hypothesis-describe-the-two-sets-of-tests-used-to-examine-the-semistrong-form-emh/.

1. Academic.Tips. "Define and discuss the semistrong-form EMH (Efficient-Market Hypothesis). Describe the two sets of tests used to examine the semistrong-form EMH." March 10, 2023. https://academic.tips/question/define-and-discuss-the-semistrong-form-emh-efficient-market-hypothesis-describe-the-two-sets-of-tests-used-to-examine-the-semistrong-form-emh/.

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Academic.Tips. "Define and discuss the semistrong-form EMH (Efficient-Market Hypothesis). Describe the two sets of tests used to examine the semistrong-form EMH." March 10, 2023. https://academic.tips/question/define-and-discuss-the-semistrong-form-emh-efficient-market-hypothesis-describe-the-two-sets-of-tests-used-to-examine-the-semistrong-form-emh/.

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"Define and discuss the semistrong-form EMH (Efficient-Market Hypothesis). Describe the two sets of tests used to examine the semistrong-form EMH." Academic.Tips, 10 Mar. 2023, academic.tips/question/define-and-discuss-the-semistrong-form-emh-efficient-market-hypothesis-describe-the-two-sets-of-tests-used-to-examine-the-semistrong-form-emh/.

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