Quản lý danh mục

The annual rates of return of Stock Z for the last years are 0.10, 0.15, -0.05, and respectively. Compute the arithmetic mean annual rate of return for Stock Z.

• 0.10

• 0.03

• 0.06

• 0.04

Which of the following is correct?

• If estimated value < market price, you should buy

• If estimated value > market price, you should sell

• All of these are correct

• If estimated value > market price, you should buy

According to the CAPM, an overvalued stock has:

• Positive alpha

• Negative beta

• Negative alpha

• Beta of zero

The goal of the passive portfolio manager is to minimize:

• Beta

• Tracking error

• Alpha

• Standard error

In Vietnam, securities investment portfolio managemnet is an operation of:

• Financial companies

• Banks

• Fund management companies

• Securities companies

A portfolio is a basket of assets that can include:

• All of the options are true

• Stocks, bonds

• Real estate, art

• Commodities, currencies

Following the CAPM, we should... any security with an estimated return that plots...the SML because it is

• buy, above, overpriced

• sell, below, underpriced

• buy, above, underpriced

• sell, above, underpriced