Caia exam - Study guides, Class notes & Summaries

An asset-pricing model that attempts to explain how investors should behave is a(n): - Answer normative model. Normative models attempt to explain how investors should behave. Positive models attempt to explain how investors do behave. Theoretical models use assumptions and logic, while empirical models are based on historically observed behavior. Henry Thompson examines a sample of returns for a private equity fund and finds that the sample excess kurtosis equals 3. Regarding the private ...

CAIA Exam with correct Answers

An asset-pricing model that attempts to explain how investors should behave is a(n): - ANSWER-normative model. Normative models attempt to explain how investors should behave. Positive models attempt to explain how investors do behave. Theoretical models use assumptions and logic, while empirical models are based on historically observed behavior. Henry Thompson examines a sample of returns for a private equity fund and finds that the sample excess kurtosis equals 3. Regarding the private ...

An asset-pricing model that attempts to explain how investors should behave is a(n): - Answer normative model. Normative models attempt to explain how investors should behave. Positive models attempt to explain how investors do behave. Theoretical models use assumptions and logic, while empirical models are based on historically observed behavior. Henry Thompson examines a sample of returns for a private equity fund and finds that the sample excess kurtosis equals 3. Regarding the private ...

CAIA Exam Sample |Questions with 100% Correct Answers | Verified Samuel Tong, CAIA, has clients who await his recommendation of a particular stock that is about to release earnings. From his office he sends the single recommendation "Sell" to all his clients via a text message that includes the phrase "more info on web." Does this communication violate Standard V(B): Communication with Clients and Prospective Clients? - answerNo A communication may be in capsule form but members should...

Define investment - Investment is deferred consumption List the four major types of real assets other than land and other types of real estate. - Natural resources, commodities, infrastructure, and intellectual property. List the three major types of alternative investments other than real assets in the CAIA curriculum. - Hedge funds, Private Equity, and Structured Products Name the five structures that differentiate traditional and alternative investments - Regulatory Structures, Securiti...

CAIA Exam 1 Chapter 1 Questions and Answers 100% Accurate CAIA Exam 1 Chapter 1 Questions and Answers 100% Accurate CAIA Exam 1 Chapter 1 Questions and Answers 100% Accurate Alternative investments - ANSWER-Alternative investments are sometimes viewed as including any investment that is not simply a long position in traditional investments. Fixed-Income Securities - ANSWER-A fixed income security is an investment that provides a return in the form of fixed periodic payments and the eve...

CAIA Exam Sample |Questions with 100% Correct Answers | Verified Samuel Tong, CAIA, has clients who await his recommendation of a particular stock that is about to release earnings. From his office he sends the single recommendation "Sell" to all his clients via a text message that includes the phrase "more info on web." Does this communication violate Standard V(B): Communication with Clients and Prospective Clients? - answerNo A communication may be in capsule form but members should...

CAIA Exam 2024 Questions & Answers 100% CAGR - ANSWER-compound annual growth rate annualized return - ANSWER-(1+HPR)^number of holding periods in one year - 1 multiple hedge fund aggregation - ANSWER-equal weighted approach, asset weighted, and arbitrary weight approach Performance index - ANSWER-R index = Sum of wi * Ri in the case of multiple fund aggregations, severals prefer reporting median return - ANSWER-you know what the median is---the fact that outliers are automatically ex...

CAIA Exam with correct Answers