MARKETPLACE PRICE EFFICIENCY


Meaning of MARKETPLACE PRICE EFFICIENCY in English

The degree to which the prices of assets reflect the available marketplace information. Marketplace price efficiency is sometimes estimated as the difficulty faced by active management of earning a greater return than passive management would, after adjusting for the risk associated with a strategy and the transactions costs associated with implementing a strategy.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.