Market Efficiency and Predictability

First published: 2013

Brief summary

Nobel Prize overview on Fama, Hansen and Shiller.

Article

Market Efficiency and Predictability is covered by the linked source. Nobel Prize overview on Fama, Hansen and Shiller.

The material is published by Nobel Prize and presents market data, historical evidence or an investment framework.

The subject may involve prices, returns, valuations, sectors, investor behaviour or trading rules. Comparisons require consistent treatment of dividends, inflation and costs.

Historical market patterns are not fixed schedules. Predictability can weaken across periods and does not guarantee profit after risk, costs and taxes.

Source details and credits

• Source / publisher: Nobel Prize
• Source type: Overview
• URL type: WWW
• Credits: Nobel Prize
• URL: https://www.nobelprize.org/prizes/economic-sciences/2013/press-release/