If an investor is a successful market timer, his distribution of monthly portfolio returns will ________.
A)be skewed to the left
B)be skewed to the right
C)exhibit kurtosis
D)exhibit neither skewedness nor kurtosis

Question

Quizplus · Accepted Answer

If an investor is a successful market timer, it means they are able to time the market and make profits consistently. This will result in a higher frequency of positive returns, leading to a skewed distribution towards the right.

If an Investor Is a Successful Market Timer, His Distribution