Indicators CRITERIA YET TO ACHIEVE MINIMUM STANDARD MEETS STANDARD EXCEEDS STANDARD Unacceptable Needs improvement Satisfactory Good Very good Excellent Finance-specific knowledge (weight 30 marks) Provides no results for the required analytical work in this section and fails to make any serious attempt to show any understanding of company analysis and performance measurement with respect to individual assets, the market portfolio and the equally weighted portfolio. Shows no understanding of return distribution. Conducts incorrect company analysis. Provides incorrect correlation table; incorrect summary statistics; Construct incorrect covariance matrix, demonstrating lack of knowledge; lack of discussion on the inter-relationship between stocks and the market index; lack of discussion on skewness and kurtosis of individual data series; incorrect portfolio return for the equally weighted portfolio and efficient portfolios; incorrect standard deviation for the equally weighted portfolio resulting in incorrect optimization. Shows a lack of understanding of return distribution Moderately uses appropriate, relevant, and compelling content to illustrate satisfactory understanding of company and portfolio analyses. Provides an explanation that demonstrates good understanding of stock return and portfolio formation, optimisation. Demonstrates limited ability to establish the link between individual stock characteristics and how they translate into portfolio performance. However, the explanation also demonstrates superficial knowledge Mostly uses appropriate, relevant, and compelling content to illustrate good understanding of company and portfolio analyses. Provides an explanation that demonstrates a good understanding of performance measurement with respect to individual assets, the market portfolio and the equally weighted and optimized portfolios. Shows a good understanding of return distribution. Furthermore, provides correct correlation table; correct summary statistics; demonstrating good Consistently uses appropriate, relevant, and compelling content to illustrate a mastery of company and portfolio analyses. Providing an explanation that demonstrates a competent understanding of performance measurement with respect to individual assets, the market portfolio and the equally weighted portfolio and optimized portfolios. Demonstrates a competent knowledge of return distribution. Furthermore, provides correct correlation table; correct summary statistics; Consistently and effectively uses appropriate, relevant, and compelling content to illustrate a mastery of company and portfolio analyses. Demonstrating the depth of knowledge of performance measurement with respect to individual assets, the market, equally weighted and optimized portfolios. Also demonstrate the ability of accurate understanding of the impact of data distribution on the analysis. Proficient with the interpretation of different perspectives.