Portfolio Performance Evaluation

Portfolio Performance Evaluation
Author :
Publisher : Now Publishers Inc
Total Pages : 123
Release :
ISBN-10 : 9781601980823
ISBN-13 : 1601980825
Rating : 4/5 (23 Downloads)

Book Synopsis Portfolio Performance Evaluation by : George O. Aragon

Download or read book Portfolio Performance Evaluation written by George O. Aragon and published by Now Publishers Inc. This book was released on 2008 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 then review the more recent Conditional Performance Evaluation techniques, designed to allow for expected returns and risks that may vary over time, and thus addressing one major shortcoming of the traditional measures. We also discuss weight-based performance measures and the stochastic discount factor approach. We review the evidence that these newer measures have produced on selectivity and market timing ability for professional managed investment funds. The evidence includes equity style mutual funds, pension funds, asset allocation style funds, fixed income funds and hedge funds.


Portfolio Performance Evaluation Related Books

Portfolio Performance Evaluation
Language: en
Pages: 123
Authors: George O. Aragon
Categories: Financial risk management
Type: BOOK - Published: 2008 - Publisher: Now Publishers Inc

DOWNLOAD EBOOK

This paper provides a review of the methods for measuring portfolio performance and the evidence on the performance of professionally managed investment portfol
Performance Appraisal
Language: en
Pages: 160
Authors:
Categories:
Type: BOOK - Published: 2001-02 - Publisher: Andrew E Schwartz

DOWNLOAD EBOOK

Mastering Project Portfolio Management
Language: en
Pages: 361
Authors: Michael J. Bible
Categories: Business & Economics
Type: BOOK - Published: 2011-09-15 - Publisher: J. Ross Publishing

DOWNLOAD EBOOK

This unique text provides a holistic systems approach to project portfolio management which includes people, processes, tools, and techniques that work synergis
Portfolio Theory and Management
Language: en
Pages: 798
Authors: H. Kent Baker
Categories: Business & Economics
Type: BOOK - Published: 2013-01-07 - Publisher: Oxford University Press

DOWNLOAD EBOOK

Portfolio management is an ongoing process of constructing portfolios that balances an investor's objectives with the portfolio manager's expectations about the
Portfolio Management in Practice, Volume 1
Language: en
Pages: 1329
Authors: CFA Institute
Categories: Business & Economics
Type: BOOK - Published: 2020-11-11 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

Portfolio Management in Practice, Volume 1: Investment Management delivers a comprehensive overview of investment management for students and industry professio