开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

甜甜 · 2022年09月30日

turnover within an index是啥意思?

NO.PZ2022061307000032

问题如下:

Question Which of the following statements is most accurate with respect to rebalancing and reconstitution of security market indexes?

选项:

A.Equal-weighted indexes require frequent rebalancing. B.A price-weighted index requires rebalancing more than a market-capitalization-weighted index. C.Turnover within an index results from a reconstitution but not from rebalancing.

解释:

Solution

A is correct. After an equal-weighted index is constructed and the prices of constituent securities change, the index is no longer equally weighted. Therefore, maintaining equal weights requires frequent adjustments (rebalancing) to the index.

B is incorrect. Price-weighted indexes are not rebalanced because the weight of each constituent security is determined by its price. For market-capitalization-weighted indexes, rebalancing is less of a concern and the weights are only adjusted to reflect mergers, acquisitions, liquidations, and other corporate actions between rebalancing dates.

C is incorrect. Reconstitution is the process of changing constituent securities in the index; rebalancing refers to adjusting the weights of the constituent securities in the index. Turnover within an index results from both reconstitution and rebalancing.

如题

1 个答案

王园圆_品职助教 · 2022年10月01日

嗨,从没放弃的小努力你好:


turnover就是指指数内部发生了轮转和变化——可以理解成一种对指数的调整,主要是两种形式,成分股的替换,或是对成分股的权重做主动的增减,都属于turnover

----------------------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!

  • 1

    回答
  • 0

    关注
  • 38

    浏览
相关问题