But most of the traded prices of the asset are close to the fundamental value and accord with efficient market hypothesis.

但在大多数交易中，资产的交易价格还是接近资产的基本价值，符合有效市场假说的预期。

In classical Capital Market Theory (CMT), Efficient Market Hypothesis (EMH) is the headstone of CMT at all times.

在经典资本市场理论（CMT）中， 有效市场假说（EMH）一直是资本市场理论的基石。

Stock market has a strong appeal to many investors because of it' s price fluctuation , but they trade according to the Efficient Market Hypothesis for a long time , so they seldom gain profits.

证券市场以其价格的频繁波动，吸引了大量投资者，但长期以来人们一直在有效市场等经典理论的指导下进行交易，故始终不能稳定获利。

Efficient market hypothesis is the basis of traditional financial theory.

传统金融学的理论基础是有效市场假说。

These asymmetries are difficult to reconcile with the efficient market hypothesis, the notion that securities prices accurately reflect all known information.

这些不对称很难与有效市场假说相符——根据该假说，证券价格应准确反映出所有已知信息。

The core of Efficient Market Hypothesis (EMH) is that the price on any time point in the securities market is the best evaluation of the intrinsic value of securities.

有效市场假说（EM H）的核心思想是，证券市场的价格在任何时点上都是证券内在价值的最佳评估。

Firstly, the research begin with efficient market hypothesis, discusses the relation between the validity of the capital market and the information reporting system.

首先，本文从有效市场假说理论入手，论证了证券市场的有效性和会计信息披露之间的关系。

The contents contain three main parts: efficient market hypothesis, capital equilibrium theory and modern corporate financial theory.

内容包含三个主要部分：有效率市场假说，资本均衡理论和现代公司金融理论。

Second, as if any more proof was needed, the book throws the last few shovelfuls of dirt on the Efficient Market Hypothesis (EMT).

第二，假如还需要什么证据的话，这本书就是对有效市场假说最后的否定。

Efficient market hypothesis is widely used in financial management and has become one of the cornerstones of financial management theories.

有效市场假设现在广泛运用在理财活动中，并已成为财务管理理论的基石之一。

Along with various accumulations of anomalies in financial market, the correctness of Efficient Market Hypothesis(EMH) and the Capital Asset Pricing Model(CAPM) has been doubted.

随着金融市场上各种异象的累积，有效市场假说（EMH）和资本资产定价模型（CAPM）的权威地位已开始动摇。

That is in direct contradiction to the efficient market hypothesis.

这与有效市场假说是截然对立的。

The efficient market hypothesis (EMT) was certainly making the rounds through academia and the investing public at the time.

有效市场假说那个时侯在学院派和投资大众之中颇为流行。

Traditional finance theory studies is based on the two hypotheses-rational agents and efficient market hypothesis.

传统财务理论以理性人假设和有效市场假说为基础。

If the efficient market hypothesis were valid, there would be an a priori reason for imposing no constraints.

假如有效市场假说有效，放任自流就存在先验理由。

With converging to the competitive equilibrium in continuous double auction, it shows paradox results with efficient market hypothesis.

通过对连续双向拍卖交易收敛到竞争均衡过程的分析，发现了与有效市场假设相悖的结果。

The efficient market hypothesis postulates that markets tend towards equilibrium and deviations occur in a random fashion.

有效市场假说认为，市场总是趋向于平衡，偏离是随机出现的。

According to Efficient Market Hypothesis, the quality of accounting information disclosing is the key and core to decide whether the securities market is efficient or not.

根据有效资本市场假说理论，会计信息披露的质量是决定证券市场是否有效的关键与核心。

The traditional financial theory supports efficient market hypothesis(EMH), and supposes that people's behavior will accord with the utility theory and reason of subjective expectancy.

传统财务理论支持效率市场假设，假设人们的行为符合主观预期效用理论和理性。