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H. · 2020年04月18日

问一道题:NO.PZ2017092702000116 [ CFA I ]

问题如下:

A report on long-term stock returns focused exclusively on all currently publicly traded firms in an industry is most likely susceptible to:

选项:

A.

look-ahead bias.

B.

survivorship bias.

C.

intergenerational data mining.

解释:

B is correct.

A report that uses a current list of stocks does not account for firms that failed, merged, or otherwise disappeared from the public equity market in previous years. As a consequence, the report is biased. This type of bias is known as survivorship bias.

请问A是什么意思呢?一直都没弄明白
1 个答案
已采纳答案

星星_品职助教 · 2020年04月19日

同学你好,

可以通过关键词“ahead”来理解这个偏差。一般建立模型都用的是实际发生的历史数据。look ahead就是往前看,相当于做模型的时候用了预测的数据。由于预测的数据可能有偏差,就导致了look -ahead bias。