Varamini, Hossein; Kalash, Svetlana - In: American Journal of Business 23 (2008) 2, pp. 17-26
The main purpose of this study is to use the Sharpe Ratio to test the efficient market hypothesis for different market capitalization and investment styles of mutual funds. The results of the study for the entire period of 1994-2007 as well as the two sub-periods (1994-1999 and 2000-2007)...