Portfolio optimization using private equity is typically based on one of three indices: listed private equity, transaction-based private equity, or appraisal value-based private equity indices. However, we show that none of these indices is fully suitable for portfolio optimization. We introduce here a new benchmark index for venture capital and buyouts, which is updated monthly, adjusted for a...

Leaf chlorophyll content is not only an important biochemical parameter for determinating the capacity of rice photosynthesis, but also a good indicator of crop stress, nutritional state. Due to the reliable, operational and non-destructive advantages, hyperspectral remote sensing plays a significant role for assessing and monitoring chlorophyll content. In the study, a few of typical vegetatio...

This paper examines the fundamental building blocks of Sharpe ratio to debate over economic interpretation this well-known tool used measure risk-adjusted performance various financial portfolios and funds. It focuses on expected return an investment versus a benchmark portfolio (or index) return. By leveraging set statements assumptions, I isolate information content as expression from alpha. ...

We describe a general method to transform a non-Markovian sequential decision problem into a supervised learning problem using a K-bestpaths algorithm. We consider an application in financial portfolio management where we can train a controller to directly optimize a Sharpe Ratio (or other risk-averse non-additive) utility function. We illustrate the approach by demonstrating experimental resul...