Lu, Hengzhen; Zhang, Yingying; Xiao, Ling; Dhesi, Gurjeet - In: Journal of risk and financial management : JRFM 15 (2022) 10, pp. 1-20
-order Omega and Almost Stochastic Dominance rules when evaluating fund performance. The consistency between higher-order Omega and … Almost Nth-degree Stochastic Dominance reinforces the effectiveness of applying the higher-order Omega function in fund … clarifies that the higher-order Omega decreases when threshold L increases. The ranking of funds based on higher-order Omega …