Sentences with phrase «efficient estimate of the value»

Thus the most efficient estimate of the value of E -LCB- U (t)-RCB-, the trend rate, is the mean value of the random variable given previously as

Not exact matches

Markets with a large number of independent estimates of value are likely to be more efficient, even if those estimates are all individually flawed (See «Market Efficiency and the Bean Jar Experiment»).
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Efficient market theory states that a stock's price reflects the market's best estimates of the firm's underlying true value at any given time.
In an efficient market at any point in time the actual price of a security will be a good estimate of its intrinsic value.
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