Question: Predicting future returns using past data ______. A. None of the provided answers is correct B. requires to overestimate left-tail risk (i.e., downside risk) C.

Predicting future returns using past data ______.

A. None of the provided answers is correct

B. requires to overestimate left-tail risk (i.e., downside risk)

C. should not be done because the future is never the same as the past

D. requires to overestimate right-tail risk (i.e., the possibility of good outcomes)

E. requires no corrections if you have a large sample

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