What is the meaning of Strong-form efficiency?

Strong-form efficiency is a form of pricing efficiency, that posits that the price of a security reflects all information, whether or not it is publicly available. Related: Weak-form efficiency, semi-strong form efficiency.

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APABarry Goldsmith. (2010). strong-form efficiency. Retrieved September 26, 2026, from http://smartdefine.org/strong-form_efficiency/definitions/1164396
ChicagoBarry Goldsmith. 2010. "strong-form efficiency" http://smartdefine.org/strong-form_efficiency/definitions/1164396 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, strong-form efficiency, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/strong-form_efficiency/definitions/1164396>.
MLABarry Goldsmith. "strong-form efficiency" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/strong-form_efficiency/definitions/1164396>