Validating the weak-form market efficiency under the efficient market hypothesis in the case of the Philippine stock market for the period of 1994-2013 using 1-50, 1-150, 1-200, and 2-200 moving average crossover rules

• Main Authors: Choi, Seoyeon, Park, Jun Sun, Valdecanas, Francesco Adel T.
• Format: text
• Language: English
• Published: Animo Repository 2014
• Subjects: Stock exchanges > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/8998
• Institution: De La Salle University

An efficient market would mean that any kind of analysis for a certain security for gaining above market returns is futile. The three forms of market efficiency under the efficient market hypothesis are the weak form, semi-strong form, and the strong form. Under the weak-form, technical analysis is...