Board logo

标题: Time period bias [打印本页]

作者: tarik64    时间: 2011-7-13 15:43     标题: Time period bias

In one of the question it was mentioned that sample of 10 years of data(stock returns) is not time period biased(to estimate the value of stock), as full business cycle is completed. My assumption is that recession and booms cycles are typically of 4 years each, so this sounds reasonable. However, I have seen question for long and short time period bias. Long I guess I have seen for 40 years and short for 4-5 years. Do you know if there are any specific rules to be followed to determine this bias?
作者: trogulj    时间: 2011-7-13 15:43

your assumption is not what this test is about- it's what they tell you it is. So if they say 10 years is not biased cuz that's long enough of a time, then that's it.
作者: leadcfa    时间: 2011-7-13 15:43

Dude questions are not always going to have 10 years. That is the reason why I asked. You can't simply mug this up and plan to attempt the exam.




欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) Powered by Discuz! 7.2