Evidence first introduced in the 60’s, and has continued
to persist through more recent studies in the late 90’s.
Relative Strength Index (RSI)
a technical indicator used in the technical analysis of financial markets.
Early 1999s…
a lot of anomalies has come out!
‘Anomly’ is "Unusual Phenomenon”
Korean Stock Market is not
an exception of such a trend.
Conclusion.
Korean stock market has been moving
toward the direction of EMH theory.
However, several positive examples and
technical analysis is yet difficult to call "efficient”
↓
Korean stock market needs to improve in a qua
Introduction
It's always been being a debate on the answer for 'Is the stock market efficient?'. Some say yes, and others say no. However, the answer till the beginning of 1990s was more weighed on the 'yes'. And the supporting theory which played a core role for forming the trend was 'Efficient Market Hypothesis; EMH'. The theory asserts that prices of the assets always reflect all the avail
Ⅰ. Introduction
1) Location
Russia is located in the north Eurasia continent (Far East Asia ~ Europe). Russia is the largest country in the world which is about 1/8 of the world’s land area. Because of this huge territory, there is an 11-hour time difference between East and West.
2) Climate
The huge territory of Russia also makes a various climate zone. Basically, Russia has continental
1960’s ~ 1970’s 대기중의 이산화탄소의 농도의 증가가 기상학자들과
같은 과학자들에 의해서 처음으로 관측!
- 1972년 로마클럽 (Club of Rome) 에서 ‘성장의 한계’라는 보고서를 발표!
- 1980년대 후반에 들어서 이상기후로 인한 자연재해가 세계 각지에서 발생!
지구온난화에 대한 환경론자와 경제