Turizm sektörü hem ülkelerinin tanımının yapılması döviz girişi yaratması sebebiyle ülkelerin ayrıca önem verdikleri bir sektör konumundadır. İstihdam, sosyal ve çevresel etkileri, bölgesel sürdürülebilir kalkınma çalışmaları açısından da arz etmektedir. Bu taşıdıkları risk, terör olayları, politik, siyasi ekonomik durum, stratejik konumu turist gönderecek bakış açısına göre oldukça hassas etki...

Our main goal is the generalization of the approach of Jobson and Korkie (1984) for funds performance evaluation. Therefore, we consider the portfolio selection problem of an investor who faces short sales restrictions when choosing among F different investment funds and assume the investor's utility function to be of the HARA type. We develop a performance measure and discuss its relationships...

The most important objectives in portfolio management are to have the highest average return at a certain level of risk and eliminate unsystematic through diversification. Measuring performance their portfolios has an place investment decisions for investors who want maximum risk. In order measure performance, there three basic methods; Sharpe Ratio, Treynor Ratio Jensen’s Alpha indices. this s...

The present paper investigates the performance of open-ended, growth-oriented equity schemes for the period from April 2011 to March 2015 of transition economy. Daily closing NAV of different schemes have been used to calculate the returns from the fund schemes. BSE-sensex has been used for market portfolio. The historical performance of the selected schemes were evaluated on the basis of Sharp...