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risk management _ shortcoming of beta based performance measurement
| 请问老师或者其他同学，在原版书 Volume 6: P 175, 中间段： Criticism of Risk - Adjusted Performance Appraisal Method, it says: If assets are are valued according to some other equilibrium pricing model, then beta-based performance measurement may give inaccurate appraisals. 请问这句话什么意思？ 另外， beta based 与 标准差 based measurement 各自有什么优缺点？ 多谢 |
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发表于 2013-9-27 09:35
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