Question: Mean reversion refers to the tendency for Select one: A. stocks with high returns today to experience low returns in the future and for
Mean reversion refers to the tendency for\ Select one:\ \ A.\ stocks with high returns today to experience low returns in the future and for stocks with low returns today to experience high returns in the future.\ \ B.\ futures prices to revert to the prices of the underlying securities.\ \ C.\ the long-run mean return on stocks to equal the long-run mean return on bonds.\ \ D.\ financial analysts whose stock picks have earned above-normal returns in the past to be unable to pick stocks that will perform as well in the future.
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