Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Market breadth is a fundamental indicator.
True
False
Expert Solution
Step 1
Market breadth reveals the number of stock/scripts participating in the index rising or falling
For example if there are 100 stocks in the index and the index is rising, there are only 25 stock increasing with it, that is the market breadth of the index
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