NO.PZ2018062002000052
问题如下:
Which part of the formular is required an adjustment after a stock split when using the price weighting method?
选项:
A.Denominator.
B.Numerator.
C.Both numerator and denominator.
解释:
A is correct.
Denominator must be adjusted after a stock split when using the price weighting method, in order to ensure index value immediately after the split is the same as the index value immediately prior to the split.
考点:price weighting method
题干问当股票分拆,价格加权指数公式的哪一部分需要进行调整。这里是price-weighting index的内容,因为拆股所导致股价下降不是真正的股价下跌,所以我们要对指数的权重即分母进行调整。
(P1+P2+P3)/3 = (P1+P2'+P3)/X,这里分子的p2和分母的x 都需要调整啊