单选题

Which of the following is the most accurate characterization of momentum anomalies?
Momentum anomalies:

A、 relate to long-term price patterns.
B、 relate to short-term price patterns
C、 are consistent with weak-form market efficiency.

【正确答案】 B

【答案解析】

Momentum anomalies relate to short-term price patterns, typically resulting from investor overreaction in response to the release of unexpected public information.