A- Most financial assets have positive or negative skewness. If the investor knows the degree of asymmetry (skewness) of the asset or portfolio studied, he or she will be able to estimate more accurately whether future returns will be higher or lower than the returns of the previous period.

a. Certain

b. False

B-

For investors, a high spread of returns on your portfolio means that you will at times be experiencing extreme returns, positive or negative. Of the three types of kurtosis (Kurtosis) that the returns of a portfolio can experience, the one that represents the most stability and predictability, because most of the data is distributed around the average, is:

a. Platykurtic Kurtosis

b. Mesokurtic Kurtosis

c. Average Kurtosis

d. Leptokurtic Kurtosis