Using various performance measures, this study aims to support the decision making process of investors by scoring, comparing and ranking risk based performance of indices calculated under Borsa İstanbul. Study particularly focuses on indices that have been calculated continuously since 2005. Sample of the study is consisted of sector indices continuous from January 2005 to January 2016, a total of thirty indices. Performance evaluation is applied for five year periods. Risk based performance comparison is done by using internationally recognized evaluation methods such as Sharpe, Treynor, Jensen, Sortino, Fama measures, appraisal ratio, and performance measures. After ranking indices for each measure, overall relation between risk based performance measures is investigated by conducting Spearman’s rank correlation test.
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Ulusal
Benzer Makaleler | Yazar | # |
---|
Makale | Yazar | # |
---|