Question

Fundamental analysis for financial instrument valuation would be considered useful according to which of the following market efficiency hypotheses? 

Weak form and semi-strong form 

Semi-strong form 

Weak form 

Strong form and weak form

Answer 1

Option c is correct option. Weak form efficiency assumes fundamental analysis is useful to identify undervalued and overvalued stocks. Strong form and semi strong cannot use fundamental analysis to find overvalued and undervalued stocks,