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If a market is strong-form efficient, which strategy can systematically generate alpha?
AInsider information trading strategies
BTechnical chart pattern strategies
CPublic-fundamentals-based strategies
DNo strategy can systematically beat the market
Answer & Solution
Correct answer: D. No strategy can systematically beat the market
1. Identify what the question asks: this concept maps to strongform (§4.6).
2. Apply the framework or formula relevant to the topic.
3. Eliminate distractors and arrive at the correct option (D).
_Source: ICAI BoS CA Final Paper 2, Ch 4 "Security Analysis"_
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