Does the Stock Market Rationally Reflect Fundamental Values?

• 1 July 1986
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 41  (3) , 591-601
• https://doi.org/10.2307/2328487

Abstract

Keywords

• STOCK MARKET
• STATISTICAL TESTS
• EVALUATE THE EFFICIENCY
• STATISTICALLY
• RATIONALLY REFLECT
• REFLECT FUNDAMENTAL
• FUNDAMENTAL VALUES
• MARKET RATIONALLY