NISM 21B Portfolio Managers Exam Notes

Page 97 Of 168

Go to:

  • Informational Efficiency: Prices reflect all information.
  • Operational Efficiency: Low costs, high liquidity.
  • Efficient Market Hypothesis (EMH): Prices reflect information.
  • Weak-Form Efficiency: Reflects historical price data.
  • Semi-Strong Efficiency: Reflects all public information.

NISM 21B Portfolio Managers

Copyright 2025 - MODELEXAM MODELEXAM®