淡江大學機構典藏:Item 987654321/69186
English  |  正體中文  |  简体中文  |  全文笔数/总笔数 : 55528/89843 (62%)
造访人次 : 10973066      在线人数 : 181
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜寻范围 查询小技巧:
  • 您可在西文检索词汇前后加上"双引号",以获取较精准的检索结果
  • 若欲以作者姓名搜寻,建议至进阶搜寻限定作者字段,可获得较完整数据
  • 进阶搜寻


    jsp.display-item.identifier=請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/69186


    题名: Domestic open-end equity mutual fund performance evaluation using extended TOPSIS method with different distance approaches
    作者: Chang, Ching-Hui;Lin, Jyh-Jiuan;Lin, Jyh-Horng;Chiang, Miao-Chen
    贡献者: 淡江大學統計學系;淡江大學國際貿易學系
    关键词: Multiple criteria analysis;Mutual fund;Performance evaluation;TOPSIS
    日期: 2010-06
    上传时间: 2011-10-23 16:32:16 (UTC+8)
    出版者: Kidlington: Pergamon Press
    摘要: The most commonly used measures for evaluating the competing mutual funds are “Treynor Ratio”, “Sharpe Ratio” and “Jensen’s Alpha”. One also uses another measure called the “Information Ratio”. However, it is not clear which measure is the most robust. The purpose of our study is to evaluate the performance of mutual funds under the broad framework of multi-attribute decision analysis approach where each criterion can be taken into consideration in making a final ranking of the mutual funds. In this paper we adopt the concepts of “Ideal” and “Anti-Ideal” solutions as suggested by Hwang and Yoon (1981), and study the extended technique for order preference by similarity to the ideal solution (TOPSIS) method using two different “distance” ideas, namely – “Minkowski’s Lλ metric” and “Mahalanobis” distances. The broad framework with the two aforementioned distances is then applied to evaluate the performance of 82 Taiwanese mutual funds for consecutive 34 months. The empirical results show that using TOPSIS methods incorporated Minkowski’s distance measure to evaluate the mutual funds’ performance perform well.
    關聯: Expert Systems with Applications 37(6), pp.4642–4649
    DOI: 10.1016/j.eswa.2009.12.044
    显示于类别:[國際企業學系暨研究所] 期刊論文
    [統計學系暨研究所] 期刊論文

    文件中的档案:

    档案 大小格式浏览次数
    index.html0KbHTML271检视/开启

    在機構典藏中所有的数据项都受到原著作权保护.

    TAIR相关文章

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回馈