Evaluating mutual fund performance : An application of minimum convex input requirement set approach [J ] . Computers and Operations Research ,2004 ,31(4) :929 - 940.Kuo-Ping Chang.Evaluating mutual fundperformance: an application of minimum convex input requirement set approach. Computers and ...
We study standard mutual fund performance measures, using simulated funds whose characteristics mimic actual funds. We find that performance measures used in previous mutual fund research have little ability to detect economically large magnitudes (e.g., three percent per year) of abnormal fund perform...
aMy analysis indicates that Jegadeesh and Titman's (1993) one-year momentum in stock returns accounts for Hendricks, Patel, and Zeckhauser's (1993) hot hands effect in mutual fund performance. However, funds that earn higher 正在翻译,请等待...[translate] ...
Analysis of Mutual Fund Performance: A Stochastic Dominance Approach In this paper, we employ Stochastic Dominance that utilizes partial information on investor preferences, such as risk aversion, to the evaluation of the pe... SVDN Rao,VS Vinutha - 《Ssrn Electronic Journal》 被引量: 0发表: ...
aWhen discussing the usefulness of the SDRA criteria in the context of evaluating the performance of various mutual funds Levy and Kroll (1979, p. 130) find that an "empirical separation" is generated by the SDRA rules. 当谈论SDRA标准的有用性就评估各种各样的共同基金Levy和Kroll时(1979年,...
performance. The Predecessor Fund was not a registered mutual fund and so was not subject to the same operating expenses or investment and tax restrictions as the Fund. If it had been, the Predecessor Fund’s performance may have been lower....
Making the Most of Your Money: Evaluating Employee Retirement Plan Fund PerformanceCASE DESCRIPTION The primary subject matter of this case concerns evaluation of mutual fund...Serrano, Jan M.Hernandez, EricaThe DreamCatchers Group, LLCJournal of the International Academy for Case Studies...
As a result, evaluating a hedge fund's risk and performance must be done on an individualized basis that uses the proper benchmark and risk metrics for its particular style. In addition, some unique risks common to most hedge funds must be evaluated such as the possibility of fraud, regulato...
Unlike stock funds, past absolute performance for bond funds will likely give little or no indication of their future returns because the interest rate environment is forever changing. Instead of looking athistorical returns, you are better off analyzing a bond fund'syield to maturity(YTM), which...
Investors will also want to carefully evaluate the structure of the country'sfinancial markets, the availability of attractive investment alternatives, and the recent performance of local stock andbond markets. Sources of Information on Country Risk ...