FIN360 Exam 3 UofA Questions And
Answers Latest 2025
Market Efficiency -
correct answer ✅Information content of prices
What is an efficient market characterized by? -
correct answer ✅Quick & Accurate incorporation of new
information (If not quick and/or accurate, opportunity for profit is
there)
Past Prices -
correct answer ✅Patterns that can be observed on a stock chart
Public Information -
correct answer ✅Information about firms that is known by the
public
Private Information -
correct answer ✅Information about firms that few, if any,
individuals actually know
Weak Form Market Efficiency -
correct answer ✅Reflect all information in past prices (Can use
private & public fundamental information to predict future)
, FIN360 Exam 3 UofA Questions And
Answers Latest 2025
Semi-Strong Form Market Efficiency -
correct answer ✅Reflects all publicly available information (Can
use private info to predict future)
Strong Form Market Efficiency -
correct answer ✅Reflects ALL information (Public and Private)
(Cannot use any type of info to predict the future
Technical Analysis -
correct answer ✅Trading on past price information (Not profitable
if markets are weak form efficient)
Fundamental Analysis -
correct answer ✅Trading on publicly available fundamental
information (no profitable if markets are semi-strong efficient)
Insider Trading -
correct answer ✅Trading on private information (Not profitable if
markets are strong form efficient)
Answers Latest 2025
Market Efficiency -
correct answer ✅Information content of prices
What is an efficient market characterized by? -
correct answer ✅Quick & Accurate incorporation of new
information (If not quick and/or accurate, opportunity for profit is
there)
Past Prices -
correct answer ✅Patterns that can be observed on a stock chart
Public Information -
correct answer ✅Information about firms that is known by the
public
Private Information -
correct answer ✅Information about firms that few, if any,
individuals actually know
Weak Form Market Efficiency -
correct answer ✅Reflect all information in past prices (Can use
private & public fundamental information to predict future)
, FIN360 Exam 3 UofA Questions And
Answers Latest 2025
Semi-Strong Form Market Efficiency -
correct answer ✅Reflects all publicly available information (Can
use private info to predict future)
Strong Form Market Efficiency -
correct answer ✅Reflects ALL information (Public and Private)
(Cannot use any type of info to predict the future
Technical Analysis -
correct answer ✅Trading on past price information (Not profitable
if markets are weak form efficient)
Fundamental Analysis -
correct answer ✅Trading on publicly available fundamental
information (no profitable if markets are semi-strong efficient)
Insider Trading -
correct answer ✅Trading on private information (Not profitable if
markets are strong form efficient)