标题: Reading 33: Equity Portfolio Management- LOS d(part2)～ Q1 [打印本页]
作者: wzaina 时间: 2009-3-6 17:28 标题: [2009] Session 11 - Reading 33: Equity Portfolio Management- LOS d(part2)～ Q1
LOS d, (Part 2): Evaluate the biases of each weighting scheme.
Q1. Which of the following indices would be biased towards small cap stocks?
A) A price-weighted index.
B) A value-weighted index.
C) An equal-weighted index.
作者: wzaina 时间: 2009-3-6 17:28 标题: [2009] Session 11 - Reading 33: Equity Portfolio Management- LOS d(part2)～ Q1
LOS d, (Part 2): Evaluate the biases of each weighting scheme. ffice
ffice" />
Q1. Which of the following indices would be biased towards small cap stocks?
A) A price-weighted index.
B) A value-weighted index.
C) An equal-weighted index.
Correct answer is C)
The equal-weighted index is biased towards small-cap companies because they will have the same weight as large-cap firms even though they have less liquidity. Many equal-weighted indices also have more small companies in them than large firms, creating a further bias towards small companies. Value-weighted indices are biased towards large cap stocks and price-weighted indices are biased towards high priced stocks.
作者: pundit 时间: 2009-4-20 20:02
a
作者: sweetgao 时间: 2009-4-21 21:31
k
作者: miguelliu 时间: 2009-5-7 12:23
a
作者: zhouyp1982 时间: 2009-5-9 19:27
r
作者: sszzyyll 时间: 2009-5-17 11:16
good
作者: mashanghao 时间: 2009-5-25 09:26 标题: 回复：（wzaina）[2009] Session 11 - Reading 33: Eq...
n
作者: rc2008 时间: 2009-6-2 00:10
A
作者: dandinghe4748 时间: 2009-10-30 14:07
ok
作者: jrxx999 时间: 2009-12-28 15:06
踩踩踩踩踩踩踩踩踩踩踩踩
作者: 1212jo 时间: 2010-1-1 22:07 标题: Happy new year!
Happy new year!
作者: leeyaoxee 时间: 2010-4-2 10:16 标题: 回复：（wzaina）[2009] Session 11 - Reading 33: Eq...
Thanks.
作者: 思霖 时间: 2010-9-26 14:31
Thx!
作者: thysxd 时间: 2011-1-30 19:28
thanks
作者: lenny_chen 时间: 2011-2-16 16:51
x
作者: maxsimax 时间: 2011-4-28 10:01
tq
作者: maxsimax 时间: 2011-4-28 10:02
tq
作者: deqiang 时间: 2011-5-9 23:14
thanks.
作者: suodi 时间: 2011-5-18 15:08
[em50]
作者: luqian55 时间: 2011-5-25 01:58
thank you
作者: luqian55 时间: 2011-5-25 02:01
thank you
作者: rawrdinosaur 时间: 2011-5-31 12:05
ty
| 欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) |
Powered by Discuz! 7.2 |