Which of the following approaches to estimating an asset's expected return assumes that the future and the past share much in common?

Question

Quizplus · Accepted Answer

The historical approach to estimating an asset's expected return assumes that the future and the past share much in common, as it is based on analyzing the asset's past performance to predict its future returns. The other options (B, C, D) do not necessarily assume that the future and the past share much in common.

Which of the Following Approaches to Estimating an Asset's Expected