Re-Validating Weak-Form Hypothesis in Nigerian Capital Market: A Comparative Test Analyses

a review of tests on the weak form of efficient market hypothesis

the purpose of this article is to present the summary of all the research done on the weak form of efficient market hypothesis. these tests include normality test of return distribution, auto correlation test. run test and filter tests.

Testing Weak-Form Efficient Capital Market Case Study: TSE and DJUS Indices

The present study investigated weak-form market information efficiency in Tehran security exchange (TSE) as an emerging market and in Dow Jones United States security exchange (DJUS) as a developed market based on random walk model. In each market, the random walk model was examined using daily and monthly returns of a set of indices. The results of the parametric and non-parametric tests indic...

Weak-Form Efficiency In The German Stock Market

efficient capital market hypothesis

the introductory issue of the journal of financial research contains six articles in farsi and one in english. it also offers a glossary of financial terminology. the first article deals with the efficient capital market hypothesis , and is authored by dr. ali jahankhani & hussein abdoh tabrizi. it explains the concept and theories of capital market efficiency and their historical development i...

Testing on Weak Form Market Efficiency Hypothesis: The Evidence from Dhaka Stock Market Year 2004-2012

The purpose of this study is to test The Weak Form Efficient Market Hypothesis in Dhaka’s Stock Market. The study examined the distribution of equity returns by dividing the sample period into two sub periods of daily DSE General Index (DGEN) and sub periods are sample-1(2004-2007), and sample-2 (2008-2012). Also, monthly general index starting from 1990 to 2012 are taken as sample to test the ...