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Daenerys · 2019年12月21日

问一道题:NO.PZ2018103102000148

问题如下:

Tim, an investment analyst in a securities firm, is preparing a monthly report for his clients. The aim of this report is to tell his clients the methods he uses to make investment decisions and the performance of the portfolio for the past month. Tim made the following statements in the methods part:

Statement 1: Compared with the unexpected earnings, the SUE standardises the unexpected earnings by the standard deviation of historical forecast errors or surprises.

Statement 2: Relative-Strength indicators compare a stock’s performance during a certain period with its past performance or compare its certain period’s performance with the performance of some group of stocks.

According to the information above, which of the following is correct?

选项:

A.

Statement 1 is correct, but statement 2 is wrong.

B.

Statement 1 is wrong, but statement 2 is correct.

C.

Both of statements are correct.

解释:

C is correct.

考点:考察Standardised unexpected earnings、unexpected earnings,以及Relative-strength indicators的理解。

解析:关于UE,以及SUE有以下公式:

UEt=EPStE(EPSt)UE_t=EPS_t-E\left(EPS_t\right)

即本期的Unexpected earnings等于本期实际的earnings减去本期预期的Earnings.

而关于SUE有如下公式:

SUEt=EPStE(EPSt)σ[EPStE(EPSt)]SUE_t=\frac{EPS_t-E\left(EPS_t\right)}{\sigma\left[EPS_t-E\left(EPS_t\right)\right]}

其中分子是Unexpected earnings,分母为历史unexpected earnings的标准差。

老师您好,请问一下什么是relative strength indicator

1 个答案

maggie_品职助教 · 2019年12月21日

强弱指标就是一个技术分析指标,是指当前股价是处于一段时间内的高点还是低点,如果出于低点,上涨的相对强度就比较高,如果处于高点,下跌的相对强度就比较高。这在二级是非常偏的知识点,考到几率很小,稍作了解即可。

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