代写商科论文

英国论文代写:有效的市场理论

英国论文代写:有效的市场理论

假设市场是有效的。在一个有效市场假设有足够的买家当前股票价格较低相比,其内在价值,然后买家购买股票和提升价格。

有三种形式的有效市场假说。他们提到如下:

•弱式有效市场假说——这种形式的效率表示,当前股票价格理想包含必要的市场信息,对价格的安全是必要的。这意味着所有信息在市场上被反映在当前的股票价格。这意味着使用过去的价格趋势和卷交易股票的投资者不能决定未来的道路。最后,这种形式的效率意味着投资者不能获得超额回报的帮助下技术分析(技术分析是用来预测股票的未来路径使用历史信息)。资本资产定价模型等的市场模型,恰当的要求市场至少有弱形式的效率。

英国论文代写:有效的市场理论

It is assumed that the markets are efficient. In an efficient market when there are enough buyers assuming that the current price of a stock is low as compared to its intrinsic value, then the buyers buy the stock and move up the price.

There are three forms of efficient market hypothesis. They are mentioned below:

  • Weak form of efficient market hypothesis – This form of efficiency says that current price of the stock ideally incorporates the necessary market information which is necessary to price the security. This means all information in the market is being reflected in the current stock price. This implies that the using of the past price trend and volume traded an investor cannot determine the future path of the stock. Lastly, this form of efficiency implies that an investor cannot earn excess returns with the help of the technical analysis (technical analysis is used to predict the future path of the stock using the historical information). Some of the market models like Capital Asset Pricing Model, APT require the markets to have at least weak form of efficiency.