Yes, the choice of performance measure d
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JosΓ© Renato Haas Ornelas; AntΓ΄nio Francisco Silva JΓΊnior; JosΓ© Luiz Barros Ferna
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Article
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2010
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John Wiley and Sons
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English
β 156 KB
## ABSTRACT Recent literature in performance evaluation has focused on preferences and characteristics of returns' distribution that go beyond mean and variance world. However, Eling (2008) compared the Sharpe ratio with some of these performance measures, and found virtually identical rank orderin