- CFA Exams
- CFA Level I Exam
- Study Session 7. Financial Reporting and Analysis (2)
- Reading 24. Financial Analysis Techniques
- Subject 1. Analysis Tools and Techniques
CFA Practice Question
The examination of the statistical association between stock prices and the earnings of many firms at a single point in time is an example of a ______.
A. cross-sectional test
B. common-size financial statement analysis
C. time-series analysis
Explanation: This test uses regression analysis to examine the relationship between stock prices and earnings across many firms at a single point in time.
User Contributed Comments 3
| User | Comment |
|---|---|
| murli | Any test involving multiple information at one point of time = cross-sectional |
| lsum | What is a time-series analysis ? |
| farhan92 | over time...change in co's p/e ratio yearly |