Chuang, I-Yuan; Chiu, Yen-Chen; Edward Wang, C. - In: Journal of Air Transport Management 14 (2008) 5, pp. 257-262
Stock performance evaluation is an important subject widely studied for both theoretical and practical purposes. It is particularly relevant for the highly cyclical airline industry now in a financial crisis. Here it is shown that the use of conventional performance measures, such as the Sharpe...