新用戶掃碼下載
掃碼下載APP
及時接收最新考試資訊及
備考信息
"Equity Investments":Security market
學(xué)習(xí)是一個不斷積累的過程，每天學(xué)習(xí)一點，每天進步一點！為了幫助大家更高效地備考2021年CFA考試，正保會計網(wǎng)校每日為大家上新CFA習(xí)題供大家練習(xí)。讓網(wǎng)校與您一起高效備考2021年CFA考試，夢想成真！
Questions 1:
Security market indices can be used to calculate alphas, which are best described as:
A. the systematic risk of a security, using the index as a proxy for the entire market.
B. the difference between the return of the actively managed portfolio and the return of the passive portfolio.
C. a measure of market sentiment.
Questions 2:
If a test rejects the hypothesis that market prices reflect private information but does not reject the hypothesis that they reflect past market data and public information, then the form of market efficiency is best described as:
A. strong.
B. weak.
C. semi-strong.
View answer resolution
【Answer to question 1】（B）
【analysis】
Security market indices serve as market proxies when measuring risk-adjusted performance. Alpha, the difference between the return of the actively managed portfolio and the return of the passive portfolio, is a measure of risk-adjusted return.
【Answer to question 2】（B）
【analysis】
The forms of market efficiency are as follows:
If a test rejects the hypothesis that market prices reflect private information but does not reject the hypothesis that they reflect past market data and public information, then there is evidence that the form of market efficiency is semi-strong (because only past market data and public information are reflected in market prices).
成功=時間+方法，自制力是這個等式的保障。世上無天才，高手都是來自刻苦的練習(xí)。而人們經(jīng)常只看到“牛人”閃耀的成績，其成績背后無比寂寞的勤奮。小編相信，每天都在勤奮練習(xí)，即使是一點點的進步，大家一定可以成為人人稱贊的“牛人”。
推薦閱讀
特許金融分析師限時免費資料
-
CFA報考指南
-
CFA考試大綱
-
CFA歷年
-
CFA學(xué)習(xí)計劃
-
CFA思維導(dǎo)圖
-
CFA備考建議
新用戶掃碼下載
京公網(wǎng)安備 11010802044457號
