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Basic Question 12 of 14
Evidence supporting the use of fundamental analysis as a way to earn above-average risk-adjusted returns includes ______.
B. the continued widespread use of fundamental analysis as a forecasting tool
C. several balance sheet-based indicators that continue to have forecasting ability
D. studies documenting very weak independence in stock returns
A. the fact that private money managers using fundamental analysis earn returns superior to those who do not
B. the continued widespread use of fundamental analysis as a forecasting tool
C. several balance sheet-based indicators that continue to have forecasting ability
D. studies documenting very weak independence in stock returns
User Contributed Comments 1
| User | Comment |
|---|---|
| kalps | Fundamental analysis use Balance sheet ratios such as P/E market/bokk value..... to earn above average risk adjusted returns |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
contrast weak-form, semi-strong-form, and strong-form market efficiency
explain the implications of each form of market efficiency for fundamental analysis, technical analysis, and the choice between active and passive portfolio management
CFA® 2024 Level I Curriculum, Volume 3, Module 3.