Performance measurement is one of the most studied subjects in financial literature. Since
the introduction of the Sharpe ratio in 1966, a large variety of new measures has appeared …

The trade-off between the returns and the risks associated with the stocks (ie, the Sharpe
ratio, SR) is an important measure of portfolio optimization. In recent years, the …

This contribution compares existing and newly developed techniques for geometrically
representing mean–variance–skewness portfolio frontiers based on the rather widely …

In a world of limited resources, marketing managers tasked to deliver shareholder value face
decisions about how to maximise the returns on their marketing portfolio. Risk is less often …

The process that led the world economy to the global financial crisis, as well as its explosion,
was accompanied by an unprecedented increase of prices in the commodity markets. The …

We explore the potential benefits of a series of existing and new non-parametric convex and
non-convex frontier-based fund rating models to summarize the information contained in the …

This paper proposes a pragmatic, discrete time indicator to gauge the performance of
portfolios over time. Integrating the shortage function (Luenberger, 1995) into a Luenberger …

This paper addresses the problem of investment assessment and selection. A number of
various performance measures are evaluated and studied. The goal of these investigations …

Given that not all points on the efficient portfolio frontier in the mean-variance space have
constant returns to scale, and investments are determined according to the investor's …

A new categorical schema for strategic management is developed; a methodology for its
implementation is elaborated; an application to mutual funds based on microeconomic …