CFA论坛 - Powered by Discuz! Board

标题: Reading 51: Portfolio Management: An Overview-LOS a 习题精选 [打印本页]

作者: 1215 时间: 2011-3-24 15:31 标题: [2011]Session 12-Reading 51: Portfolio Management: An Overview-LOS a 习题精选

Session 12: Portfolio Management
Reading 51: Portfolio Management: An Overview

LOS a: Explain the importance of the portfolio perspective.

In the Markowitz framework, an investor should most appropriately evaluate a potential investment based on its:

A)
effect on portfolio risk and return.

B)
intrinsic value compared to market value.

C)
expected return.

Modern portfolio theory concludes that an investor should evaluate potential investments from a portfolio perspective and consider how the investment will affect the risk and return characteristics of an investor’s portfolio as a whole.

作者: 1215 时间: 2011-3-24 15:31

The ratio of a portfolio’s standard deviation of return to the average standard deviation of the securities in the portfolio is known as the:

A)
Sharpe ratio.

B)
diversification ratio.

C)
relative risk ratio.

The diversification ratio is calculated by dividing a portfolio’s standard deviation of returns by the average standard deviation of returns of the individual securities in the portfolio.

欢迎光临 CFA论坛 (http://forum.theanalystspace.com/)