The market efficiency of the Tanzania stock market

The purpose of this article is to examine the efficiency of the Tanzania stock market. The study attempts to answer whether the Tanzania stock market is weak-form efficient. The study applies a battery of tests: the serial correlation test, unit root tests, runs test and the variance ratio test usin...

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Bibliographic Details
Main Author: Josephine Njuguna
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2016-10-01
Series:Banks and Bank Systems
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7850/BBS_en_2016_03_Njuguna.pdf