CFA考試
報考指南 考試報名 準考證打印 成績查詢 備考資料 考試題庫

重置密碼成功

請謹慎保管和記憶你的密碼,以免泄露和丟失

注冊成功

請謹慎保管和記憶你的密碼,以免泄露和丟失

當前位置: 首頁 CFA考試 CFA視頻 正文

The Sharpe Ratio

幫考網(wǎng)校 2020-08-07 13:34:28
The Sharpe Ratio is a measure of risk-adjusted return, which was developed by Nobel laureate William F. Sharpe. It is calculated by dividing the excess return of an investment (the return above the risk-free rate) by its standard deviation. The higher the Sharpe Ratio, the better the investment's return is relative to its risk.

The Sharpe Ratio is used to compare the performance of different investments or portfolios. It is particularly useful in evaluating the performance of investment managers, as it takes into account the level of risk they take to achieve their returns. A higher Sharpe Ratio indicates that the investment manager is generating higher returns for each unit of risk taken.

However, the Sharpe Ratio has some limitations. It assumes that returns are normally distributed, which may not always be the case. It also assumes that investors are risk-averse and prefer higher returns for lower risk, which may not always be true for all investors. Finally, the Sharpe Ratio only measures the risk-adjusted return of an investment, and does not take into account other factors such as liquidity or market conditions that may affect an investment's performance.
幫考網(wǎng)校

推薦視頻

推薦文章

  • 暫無文章
股票| 尤溪县| 任丘市| 南召县| 芜湖县| 汝南县| 黄龙县| 邢台市| 周口市| 大兴区| 阿克| 吴江市| 吉安市| 西平县| 横峰县| 大田县| 平顺县| 阳高县| 阜平县| 阿瓦提县| 达尔| 昌都县| 叙永县| 博兴县| 乌拉特中旗| 通榆县| 高碑店市| 托克逊县| 湘潭市| 孙吴县| 大港区| 武隆县| 克山县| 泾阳县| 兖州市| 通辽市| 建始县| 凤城市| 宁南县| 逊克县| 兖州市|