The dollar-weighted rate of return is equivalent to the internal rate of return.
Orders on Nasdaq come from market makers, ECNs and on-line brokers.
Calendar market anomalies include the neglected firm effect, which means few analysts
follow the stock, or few institutions own the stock.
Often “high-flyer” stocks have high P/E ratios, yet some analysts seek low P/E stocks.
Are high or low P/E ratios more reliable as tools for valuation of stocks?
Which of the following is NOT part of the portfolio management process, as described
by Maginn, Tuttle, McLeavy, and Pinto (2007)?
a. portfolio factors are monitored.
b. portfolio is rebalanced.
c. portfolio is rebalanced as required.
d. strategies are developed and implemented.
The cash position of mutual funds is a contrarian indicator.