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NISM Certifications · NISM-Series-XV: Research Analyst · Qualities of a Good Research Report

In a research report, which of the following best reflects the practice of keeping facts separate from the analyst's opinions?

A good research report clearly distinguishes factual information from the analyst's estimates and opinions. This lets readers see which statements rest on reported data and which are judgments, improving transparency and credibility. Blending forecasts with facts or hiding data sources undermines the report's reliability.

  1. APresenting forecasts as if they were reported historical data
  2. BClearly distinguishing factual information from the analyst's estimates and viewsCorrect
  3. COmitting the sources of data to keep the report short
  4. DMixing opinions into the data tables so the report reads smoothly

Explanation

A good report labels what is reported fact (for example audited numbers) and what is the analyst's estimate or opinion, so readers can judge reliability. The other options blur or hide the basis of statements and reduce transparency.

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