How Long to Read Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments

How Long Does it Take to Read Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments?

It takes the average reader 5 hours and 12 minutes to read Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments by Zsolt Endre Berényi

Assuming a reading speed of 250 words per minute. Learn more

Description

The evaluation of investments offering non-normal return profiles like option portfolios or alternative investments is a challenging task since traditional measures like the mean-variance ones often produce inconsistent results or can be subject to manipulation. This thesis investigates the role of skewness and kurtosis in evaluating conventional and alternative investments. From the background that investors trade not only mean and variance but also higher moments, the author proposes a higher moment-based distributional risk measure, termed as the variance-equivalent risk measure, and develops a series of moment-based performance measures. Comparing these measures with conventional measures like the Sharpe Ratio, empirical testing shows that for investments with high non-normality of returns, the higher moment-based performance measures offer a significant enhancement in the performance evaluation.

How long is Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments?

Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments by Zsolt Endre Berényi is 311 pages long, and a total of 78,061 words.

This makes it 105% the length of the average book. It also has 95% more words than the average book.

How Long Does it Take to Read Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments Aloud?

The average oral reading speed is 183 words per minute. This means it takes 7 hours and 6 minutes to read Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments aloud.

What Reading Level is Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments?

Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments?

Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments by Zsolt Endre Berényi is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Risk and Performance Evaluation with Skewness and Kurtosis for Conventional and Alternative Investments by Zsolt Endre Berényi on Amazon click the button below.