Portfolio Performance Evaluation
نویسندگان
چکیده
منابع مشابه
Portfolio Performance Evaluation
This paper provides a review of the methods for measuring portfolio performance and the evidence on the performance of professionally managed investment portfolios. Traditional performance measures, strongly influenced by the Capital Asset Pricing Model of Sharpe (1964), were developed prior to 1990. We discuss some of the properties and important problems associated with these measures. We the...
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Most people who contract with financial managers do not have much understanding of how much benefit paid support provides them in terms of investment return. Similarly, most people who manage their own portfolios do not know how well they are doing with respect to the rest of the financial market – they simply define a successful portfolio by a positive return on investment. The goal of this pr...
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ژورنال
عنوان ژورنال: Foundations and Trends® in Finance
سال: 2006
ISSN: 1567-2395,1567-2409
DOI: 10.1561/0500000015