A Sharper Ratio: A General Measure for Correctly Ranking Non-Normal Investment Risks
收藏NBER2013-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19500
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资源简介：
While the Sharpe ratio is still the dominant measure for ranking risky assets, a substantial effort has been made over the past three decades to find a way to account for non-Normally distributed risks. This paper derives a generalized ranking measure which, under a regularity condition, correctly
提供机构：
美国国家经济研究局
创建时间：
2013-10-01
