{"version":"1.0","provider_name":"WazirX Guide","provider_url":"https:\/\/wazirx.com\/guide","author_name":"harshita","author_url":"https:\/\/wazirx.com\/guide\/author\/harshita\/","title":"Efficient Market Hypothesis (EMH) - WazirX Guide","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"DjHWADZdxk\"><a href=\"https:\/\/wazirx.com\/guide\/glossary\/efficient-market-hypothesis-emh\/\">Efficient Market Hypothesis (EMH)<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/wazirx.com\/guide\/glossary\/efficient-market-hypothesis-emh\/embed\/#?secret=DjHWADZdxk\" width=\"600\" height=\"338\" title=\"&#8220;Efficient Market Hypothesis (EMH)&#8221; &#8212; WazirX Guide\" data-secret=\"DjHWADZdxk\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/wazirx.com\/guide\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"The efficient market hypothesis (EMH), also referred to as the efficient market theory, is a theory that claims that share prices accurately reflect all available information and that it is difficult to generate alpha consistently. Equities are always exchanged at their fair value on exchanges, according to the EMH, making it impossible for investors to buy undervalued stocks or sell them for exorbitant prices. As a result, EMH proponents contend that investing in a low-cost, passive portfolio is advantageous for investors."}