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What is Efficient Market Hypothesis Analysis about?

This document discusses empirical studies that have tested the efficient market hypothesis. It summarizes several studies that have tested the weak form of the EMH in various markets like India, Bangladesh, Baltic states, and Africa. The studies have shown mixed results, with some supporting weak form efficiency and others disproving it. Overall, the validity of the EMH is still debated as the results depend on factors like the methodology used and characteristics of the market tested.

Author

Nikitha M

Language

EN