"Among other things, the following issues are addressed by industry analysis, thus making it one of the essential tools of security analysis. · Difference in returns for alternative industries during a specific period of time · Relationship between the market and an individual industry · Difference in risks for alternative industries · How consistent are industry returns over time? · How sensitive a particular industry is to changes in business cycle? Source: http://in.docsity.com/en-docs/Industry_Analysis_-_Security_Analysis_and_Portfolio_Management_-_Solved_Quiz_"
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