The Best Gain-Loss Ratio is a Poor Performance Measure
نویسندگان
چکیده
منابع مشابه
The Best Gain-Loss Ratio is a Poor Performance Measure
The gain-loss ratio is known to enjoy very good properties from a normative point of view. As a confirmation, we show that the best market gain-loss ratio in the presence of a random endowment is an acceptability index, and we provide its dual representation for general probability spaces. However, the gain-loss ratio was designed for finite Ω and works best in that case. For general Ω and in m...
متن کاملWhen Is a Loss Really a Gain?
A number of studies have demonstrated a linkage between renal dysfunction and adverse clinical outcomes in both acute and chronic heart failure.1–3 Heart failure treatments can affect renal function in a variety of ways, with decreased glomerular filtration rate (GFR) during treatment often denoting a poorer prognosis.4–6 Angiotensin-converting enzyme inhibitors (ACEIs) and angiotensin receptor...
متن کاملThe Stock Market : Which Measure Is Best ?
In recent years, there has been a lot of interest in the database community in mining time series data. Surprisingly, little work has been done on verifying which measures are most suitable for mining of a given class of data sets. Such work is of crucial importance, since it enables us to identify similarity measures which are useful in a given context and therefore for which efficient algorit...
متن کاملMarket value added and traditional accounting criteria: Which measure is a best predictor of stock return in Malaysian companies
This study tests the hypothesis that market value added (MVA) is more highly associated with stock return (SR) than traditional performance measures. The purpose of this study is to provide empirical evidence on the relative and incremental information content of MVA and traditional performance measures, namely, net income (NI), net operational profit after tax (NOPAT), and earning per shares (...
متن کاملWhat Is the Best Research Globally?
Dr. Afshari’s editorial gives insight on human nature (1). Collaborative willingness usually occurs when different sides perceive personal benefit, or when institutions mandate collaboration. This is not unique between higher and lower income countries; many working in global emergency medicine (EM) observe this within wealthier countries. It exists among collaborators in low resource settings....
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SIAM Journal on Financial Mathematics
سال: 2013
ISSN: 1945-497X
DOI: 10.1137/120866774