Refining the Sharpe Ratio
$25
By modifying the denominator, the author shows how the Sharpe Ratio can provide a more intuitive risk/return assessment of investment products during periods of negative excess return.
Author: Craig L. Israelsen, Ph.D., Brigham Young University
By modifying the denominator, the author shows how the Sharpe Ratio can provide a more intuitive risk/return assessment of investment products during periods of negative excess return.
