问题如下:
Analysts make two conclusions about macroeconomic model and fundamental model:
Conclusion one: the factors in macroeconomic model are based on surprises in economic variables and the factors in fundamental model are based on P/E or size.
Conclusion two: the factor sensitivities are determined first in macroeconomic model, the factor sensitivities are determined last in fundamental model.
Which of the following statement is most likely correct?
选项:
A.Both conclusion one and two are correct.
B.Only conclusion two is correct.
C.Only conclusion one is correct.
解释:
C is correct.
考点:macroeconomic model and fundamental model 的变量辨析
解析:结论一说的是宏观经济模型里的factor是surprise,基本面模型里的factor是和公司相关的指标,比如标准化之后的p/e
结论二的说法是错误的,正确的说法是,在宏观经济模型里,F是真实的数据,b是回归求出的,所以首先确定的是F。在基本面模型里,b是真实的数据,F是回归出来的,所以首先确定的是b。
在宏观经济模型里 , F是真实的数据 ,b是回归求出的 ,所以首先确定的是F。
在基本面模型里 , b是真实的数据 , F是回归出来的,所以首先确定的是b。
Conclusion two: the factor sensitivities are determined first in macroeconomic model,
the factor sensitivities are determined last in fundamental model.
这句话正好完全说反了。
正确的说法是:
he factor sensitivities are determined first in fundamental model,
the factor sensitivities are determined last in macroeconomic model.
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老师,按照中文解释这个答案是反的
在宏观经济模型里 , F是真实的数据 ,b是回归求出的 ,所以首先确定的是F。
在基本面模型里 , b是真实的数据 , F是回归出来的,所以首先确定的是b。
he factor sensitivities are determined last in fundamental model,
the factor sensitivities are determined first in macroeconomic model.