0410989 20240103182254.020060210235959.9 8 s. cav_un_epca*02930251212-074X917 (2002)15-22 efficient markets hypothesis technical trading rules numerical analysis of learning cav_un_auth*0101230 Vošvrda Miloslav UTIA-B Department of Econometrics Ústav teorie informace a automatizace AV ČR, v. v. i. cav_un_auth*0101217 Vácha Lukáš UTIA-B Department of Econometrics Ústav teorie informace a automatizace AV ČR, v. v. i. 05D GA402/01/0034 GA ČR cav_un_auth*0008950 GA402/01/0539 GA ČR cav_un_auth*0008959 IAA7075202 GA AV ČR cav_un_auth*0001803 CEZ:AV0Z1075907 The efficient markets hypothesis provides a theoretical basis for trading rules. The traders determine whether current conditions call for the acquisition of fundamental information in a forward looking manner rather than relying on past performance. This paper shows an influence of the learning agents process on a level of agent pattern profitability with numerical analysis. AH E http://hdl.handle.net/11104/0131076 UTIA-B 20020203 2002 cav_un_epca*0293025 Bulletin of the Czech Econometric Society 1212-074X Roč. 9 č. 17 2002 15 22