Year: 2022
Type: article
Abstract: In this study, it is aimed to examine the importance weights of performance ratios by using the data of hedge funds operating in the January 1999-May 2019 period. In the study information, Calmar, Jensens alpha, m-square, Sharpe, Sortino and Sterling ratios, which hedge fund investors expect to be high, were calculated, and the importance weights of these ratios were determined by the Entropy method, which is one of the multi-criteria decision-making methods. The results show that Sortino, Sterling, and Jensen’s alpha ratios have higher importance weights than other ratios.
Source: Maliye Finans Yazıları
DOI: 10.33203/mfy.1075559
Authors: Aykan COŞKUN, İsrafil ZOR
Institutions: Mi̇lli̇ Eği̇ti̇m Bakanliği, Kırıkkale University
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4313651758