What is the meaning of Informational efficiency?

Informational efficiency is the degree to which market prices correctly and quickly reflect information and thus the true value of an underlying asset.

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APABarry Goldsmith. (2010). informational efficiency. Retrieved September 21, 2026, from http://smartdefine.org/informational_efficiency/definitions/1156072
ChicagoBarry Goldsmith. 2010. "informational efficiency" http://smartdefine.org/informational_efficiency/definitions/1156072 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, informational efficiency, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/informational_efficiency/definitions/1156072>.
MLABarry Goldsmith. "informational efficiency" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/informational_efficiency/definitions/1156072>