Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10011925524
Traditional measures of assessment of mutual fund performance (alpha) are based mostly on Capital Assets Pricing Model which presupposes fixed sensitivity of risk exposure of a fund to its market proxy (beta). However, changing economic conditions will alter this relationship. In conditional...
Persistent link: https://www.econbiz.de/10014232629
Persistent link: https://www.econbiz.de/10014304918