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awen · 2023年08月17日

帮我总结一下还有哪些哪些指标

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NO.PZ201809170400000402

问题如下:

Which of the following statements about the approaches and styles of either Furlings, Asgard, or Tokra is incorrect?

选项:

A.

Furlings is a top-down sector rotator with a value orientation within sectors.

B.

Asgard is a bottom-up manager with a GARP (growth at a reasonable price) style.

C.

Tokra is a factor-based manager using value, growth, and profitability metrics.

解释:

C is an incorrect statement. Although Tokra is a factor manager, and although it uses a value proxy such as P/B and a profitability proxy such as return on assets, it does not use a growth proxy such as earnings growth over the last 12 or 36 months but rather a price momentum proxy.

A is a correct statement. Furlings is a top-down manager. It makes significant sector bets based on industry and economic indicators derived from the head manager’s experience, and it does select its securities within sectors while considering relative valuation.

B is a correct statement. Asgard favors securities that have reasonable valuations and aboveaverage growth prospects. It has a bottom-up approach and builds its portfolio starting at the security level.

答案意思是:

value proxy : P/B,是不是还可以是  P/e,还有哪些指标?

profitability proxy : return on assets,还有别的吗?

price momentum proxy:such as earnings growth over the last 12 or 36 months,还有别别的吗?

growth proxy :有哪些指标?


帮我把这几个类别在扩充一些指标吧,我当作结论记住。谢谢



2 个答案

笛子_品职助教 · 2023年08月19日

嗨,从没放弃的小努力你好:


such as earnings growth over last 6/12/24/36 months。过去一段时间的earning涨幅。这是price momentum 

Hello,亲爱的同学~

这里同学理解有误。

such as earnings growth over last 6/12/24/36 months。注意这里,是指earning growth,盈利的增长。

而同学说,earning growth 是 price momentum ,这个理解并不正确。

earning growth是指盈利增长。 price momentum 是指价格动量,价格涨幅。earning并非price。


但是growth是哪个指标,这2个特容易混

确实earning和price特别容易混淆。

earning growth,就是growth 因子。

而price momentum是价格因子。


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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

笛子_品职助教 · 2023年08月17日

嗨,从没放弃的小努力你好:


帮我把这几个类别在扩充一些指标吧,我当作结论记住。谢谢

好的,老师帮扩充一下。


value proxy : P/B,是不是还可以是 P/e,还有哪些指标?

各种估值的乘数。使用比较多的是:P/B,P /E ,P/S。


rofitability proxy : return on assets,还有别的吗?

使用比较多的有ROA、ROE(return on equity)。


price momentum proxy:such as earnings growth over the last 12 or 36 months,还有别别的吗?

应该说是price growth over last 6/12/24/36 months。过去一段历史时间的价格涨幅。


growth proxy

such as earnings growth over last 6/12/24/36 months。过去一段时间的earning涨幅。

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虽然现在很辛苦,但努力过的感觉真的很好,加油!

awen · 2023年08月17日

such as earnings growth over last 6/12/24/36 months。过去一段时间的earning涨幅。这是price momentum 。但是growth是哪个指标,这2个特容易混

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