"Mutual Fund Investment Performance," Quarterly Review of Economics and Finance 36, 347-363.Droms,Walker.Mutual Fund Investment Performance.The Quarterly Review of Eco- nomic and Finance.Vol.36, No.3,fall,1996Droms, W.G., and D.A. Walker (1996). "Mutual Fund Investment Performance." ...
Investment horizon, risk proxies and mutual fund performance : an empirical investigation / BEBR No. 513Mutual fundsRisk -- Mathematical models... CF Lee,JC Francis 被引量: 0发表: 2011年 Commonalities in Investment Strategy and the Determinants of Performance in Mutual Fund Mergers Namvar, Ethan...
mutual fund performance阅读笔记 Mutual Fund Performance: A Reading Note In this reading, the author discusses the performance of mutual funds and their importance in investment portfolios. Here are the key points: 1. Mutual funds are investment vehicles that pool money from multiple investors to ...
This superior performance of fund managers with long investment horizons stems from their ability to identify superior long-term firm fundamentals. In contrast, short-term funds predict short-term earnings or use simple mechanical strategies, such as momentum strategies, to select stocks....
In this digital and information age, it has become relatively easy to keep track of investment and portfolio performance. While financial experts like mutual fund distributors or investment advisors are irreplaceable partners in your financial journey, it is best for investors to have a little knowled...
主要的分析工具有:(1)投资组合分析理论(由Markowitz均值方差理论衍生,见[1][2][3]),(2)股票市场定价理论(随机游走理论,见[4]),(3)CAPM理论(见[5])。大体分析框架如下:根据投资组合分析理论,共同基金的选择共需分三步,首先把对个股表现的预测转化为对投资组合(即基金本身)表现的预测,其次在海量的投资组合...
-- Wiesenberger Investment Companies--The Wall Street Journal Mutual fund data Data biases- Survivorship biases 幸存者偏差:一种选择偏差,只考虑了某个过程中“幸存”的人或事物,而那些没有幸存的人或事物因为缺乏可见性而被无意中忽略。 - Selection biases 选择偏差:在分析过程中选择个体、群体或数据的...
The efficiency of an investment fund is one of the main components in evaluating the performance of the fund. This study seeks for introducing and comparing risk and performance evaluation ratios. The paper is aimed at testing the worked out ratios and at distinguishing between the best ones for...
Sharpe ratiois a performance metric that helps in estimating a mutual fund’s risk-adjusted returns. Risk-adjusted returns are the returns a mutual fund generates over and above the risk-free rate of return. The higher the ratio, the better the investment return in comparison to the risk. A...
fundmutual共同基金performancewermers绩效 MutualFundPerformance: AnEmpiricalDecompositioninto Stock-PickingTalent,Style,TransactionsCosts,andExpenses RussWermers CampusBox419 GraduateSchoolofBusinessAdministration UniversityofColoradoatBoulder Boulder,CO80309 February2000 Forthcoming,TheJournalofFinance MutualFundPerformance:...