NO.PZ202212260100002502
问题如下：
Judge which industry is most attractive from a valuation perspective.
选项：
解释：
Based on the above analysis, the Swiss Healthcare Industry would have the highest expected return. However, that expected return reflects compensation for systematic risk. Based on the data provided we cannot conclude which industry is most attractive from a valuation standpoint.
中文解析：
基于上述分析，瑞士医疗保健行业的预期回报最高。然而，这一预期回报反映了对系统性风险的补偿。根据提供的数据，我们无法从估值的角度得出哪个行业最具吸引力的结论。
The expected risk premium only refect the systematic risk without non-systematic risk,so we can't conclude which industry is most attractive from a valuation perspective.
