With regard to stock market indexes, it is least likely that:()
A: the use of a geometric mean produces a downward bias on an equal-weighted index compared to the use of an arithmetic mean.
B: the use of price weighting versus market value weighting produces a downward bias on the index.
C: a value-weighted index must be adjusted for stock splits but not for dividends.
A: the use of a geometric mean produces a downward bias on an equal-weighted index compared to the use of an arithmetic mean.
B: the use of price weighting versus market value weighting produces a downward bias on the index.
C: a value-weighted index must be adjusted for stock splits but not for dividends.
举一反三
- An analyst is creating a new stock market index that is not affected by stock splits. The index the analyst is least likely to develop is:() A: unweighted. B: price-weighted. C: value-weighted.
- The arithmetic average index is obtained by weighted average using the individual index of the quantity indicator and the value index of the base period as the weight. ()
- Hang Seng Index is the main indicator of the overall stock market performance in Hong Kong.
- The price index is a weighted average and can be expressed in terms of the range of price changes relative to the base period.
- In which of the following cases was the inflation rate 12 percent over the last year? A: One year ago the price index had a value of 110 and now it has a value of 120. B: One year ago the price index had a value of 120 and now it has a value of 132. C: One year ago the price index had a value of 134 and now it has a value of 150. D: One year ago the price index had a value of 145 and now it has a value of 163.