...体思路:1、首先选择一种正常收益估计模型估计出正常收益,对正常收益的估计一般采用的是市场调整收益(Market Adjusted Returns)、市场与风险调整收益(Market and Risk Adjusted Returns)、采用均值调整收益(MeanAdjusted Returns)和Fama-French三因素模型。
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Market-Adjusted Returns Model 市场指数调整法 ; 市场指数调整模式
the cumulative market-adjusted returns 累积超常收益率
Market and Risk Adjusted Returns 市场和风险调整收益
Market-adjusted Excess Returns 采用市场调整超额收益法
market-adjusted initial returns 新股初始超额收益率
Hedged market access strategies will be used to increase risk adjusted returns.
对冲市场策略将被采用以增加风险调整收益。
Security market anomalies refer to the particular phenomenon in which the risk-adjusted returns to securities in mind exceed the expected values.
证券市场异常现象,是指风险调整后证券收益率超过预期收益率的现象。
The new method USES reference portfolio formed on the base of corporation market value to calculate long-run abnormal returns, USES adjusted-t test or rank test to test abnormal returns.
改进的长期异常回报率计算方法是基于市值的参考组合法,改进的检测方法是偏度矫正的t检验法和秩和法。
Or are you going to manage each individual asset class actively, trying to beat the market and generate risk-adjusted excess returns?
还是积极管理每项资产,力求获得市场水平以上的回报率,以及风险调整后的超额收益
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