问题如下:
The international strategy suggested by McMahon is most likely characterized as:
选项:
A.risk based.
B.return oriented.
C.diversification oriented.
解释:
B is correct. McMahon suggests that the foundation follow a passive factor-based momentum strategy, which is generally defined by the amount of a stock’s excess price return relative to the market during a specified period. Factor-based momentum strategies are classified as return oriented.
factorbased 不应该是risk oriented吗