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Yes, the Choice of Performance Measure Does Matter for Ranking of US Mutual Funds

Ornelas, Jose Renato Haas - 2009

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 ordering using...

Persistent link: https://www.econbiz.de/10013159851