I don't believe so. I think there is no use for fundamental analysis at the semi-strong level but there is still use for it at the weak level of efficient market hypothesis.作者: xiaotutu 时间: 2011-7-11 18:23 标题: Weak and Semi Strong
Hey guys
Quick question,
If I believe in the weak is their value added by doing fundamental analysis or no? I know tech doesn't add value for weak and for semi, fundamental isn't suppose to add value.
Thanks作者: Jolyn 时间: 2011-7-11 18:23
yeah that is what I was leaning towards, I have been getting smoked on these on all the mocks. Need to get it razor sharp for the exam.作者: leadcfa 时间: 2011-7-11 18:23
I agree with EastCoastJ - in other words, fundamental analysis does add value under the Weak Form of EMH.
Investopedia says: "...weak form efficiency advocates assert that fundamental analysis can be used to identify stocks that are undervalued and overvalued..."作者: marsilni 时间: 2011-7-11 18:23
Got it thanks!作者: invic 时间: 2011-7-11 18:23
eastcoast is the bomb作者: shootingstar 时间: 2011-7-11 18:23
I think it might be more accurate to use the term private information instead of insider information. The rest of the analysis is spot on.作者: orang3eph 时间: 2011-7-11 18:23
EastCoastJ Wrote:
-------------------------------------------------------
> The way I remember it is that:
> Weak Form - makes technical analysis useless
> Semi-Strong - makes technical + fundamental
> analysis useless
> Strong Form - makes technical + fundamental +
> insider information useless
basically you just made a TON of reach so much simpler... Thanks!