Use the Characteristics table below to help answer questions 17-18: T Test Characteristic 0.44 Beta 1.90 Market Cap 0.55 NIM Sales 0.15| LIM Sales 0.40NIM Emings 1.80 LIM Ea mings -1.451 NIMP/ s NIM P/S -1.431 LIMP/S -1.64 NIMP/E -0.22) LIM P/E 0.15 3M Retum Portfolio 0.93 113422 7.2% 12.2% 125.3% 35.5% 2 .6 2.8 173 Benchmark 0.90 4 6411 5.7% 11,4% 87.0% -38.3% 3.3 33.7 -5.3% -5.6% 17. (Risk/Performance) According to the holdings characteristics of the portfolio vs. the benchmark, which of the following would best describe the portfolio manager's style: a) Small Cap Value b) Small Cap GARP c) Large Cap GARP d) Small Cap Momentum e) Large Cap Momentum 18. (Risk/Performance) Using Welssb's T-Test, which of the following characteristics is least likely to be considered statistically different then the benchmark? a) Next Twelve Month sales growth b) Next Twelve Month earnings growth c) Last Twelve Month sales growth d) Last Twelve Month price to earnings e) Next Twelve Month price to earnings Use the Characteristics table below to help answer questions 17-18: T Test Characteristic 0.44 Beta 1.90 Market Cap 0.55 NIM Sales 0.15| LIM Sales 0.40NIM Emings 1.80 LIM Ea mings -1.451 NIMP/ s NIM P/S -1.431 LIMP/S -1.64 NIMP/E -0.22) LIM P/E 0.15 3M Retum Portfolio 0.93 113422 7.2% 12.2% 125.3% 35.5% 2 .6 2.8 173 Benchmark 0.90 4 6411 5.7% 11,4% 87.0% -38.3% 3.3 33.7 -5.3% -5.6% 17. (Risk/Performance) According to the holdings characteristics of the portfolio vs. the benchmark, which of the following would best describe the portfolio manager's style: a) Small Cap Value b) Small Cap GARP c) Large Cap GARP d) Small Cap Momentum e) Large Cap Momentum 18. (Risk/Performance) Using Welssb's T-Test, which of the following characteristics is least likely to be considered statistically different then the benchmark? a) Next Twelve Month sales growth b) Next Twelve Month earnings growth c) Last Twelve Month sales growth d) Last Twelve Month price to earnings e) Next Twelve Month price to earnings