Efficient Market Hypothesis (EMH) : Concept, Forms & Tests | SAPM Unit 2 | MBA Sem 3

MBA Semester 3 | Subject: Security Analysis & Portfolio Management (SAPM) As per Gujarat Technological University (GTU) syllabus | Unit 2: Analyzing Securities (Topic: Efficient Market Hypothesis) In this lecture, we break down Eugene Fama’s Efficient Market Hypothesis (EMH). We cover the foundational assumptions, the three levels of market efficiency, the empirical tests used to validate them, and real-world market anomalies. #EfficientMarketHypothesis #EMH #GTUMBA #SAPMUnit2 #WeakFormEfficiency #SemiStrongForm #StrongFormEfficiency #EugeneFama #MBAFinanceLectures #GTUExams