EFFICIENCY ON CAPITAL MARKET

Efficiency on capital Market

Efficiency on Capital Market

Introduction

Certain financial analysts believe in not just harmony with technical analysis but also with the keys. The real prices of the shares are not truly reflected by the current prices. This means that the markets are not “efficient”. (Melicher & Norton 2010)

Others differ that if the appropriate information is sufficiently accessible for the buyers and sellers for a particular stock price in the market, which is derived by supply and demand, then the market is said to be efficient(Melicher & Norton 2010). Unfortunately, the investor cannot know in advance about the market ...