The Practice of Setting Time Ahead or Behind During the Year

question 61

Multiple Choice

The practice of setting time ahead or behind during the year, out of coordination with the Sun, is termed

• A) Coordinated Universal Time.
• B) Daylight Saving Time.
• C) Standard time.
• D) Greenwich Mean Time.

Understand the implications of the single-index model for the calculation of covariances between assets.

Comprehend the role of macroeconomic and firm-specific events in affecting asset returns within a factor model.

Appreciate how firm characteristics and industry groups may predict a firm’s beta.

Describe the process of beta adjustment over time using regression analysis.