Some articles on bias ratios, ratio, bias ratio:
... Hedge fund strategy indices cannot generate benchmark Bias Ratios because aggregated monthly returns mask individual manager behavior ... However, Bias Ratios can be calculated at the manager level and then aggregated to create useful benchmarks ... Strategies that employ illiquid assets can have Bias Ratios with an order of magnitude significantly higher than the Bias Ratios of indices representing the underlying asset ...
... Since the Sharpe Ratio measures risk-adjusted returns, and valuation biases are expected to understate volatility, one might reasonably expect a relationship between the two ... For example, an unexpectedly high Sharpe Ratio may be a flag for skeptical practitioners to detect smoothing ... The data does not support a strong statistical relationship between a high Bias Ratio and a high Sharpe Ratio ...
Famous quotes containing the words ratios and/or bias:
“Typography is not only a technology but is in itself a natural resource or staple, like cotton or timber or radio; and, like any staple, it shapes not only private sense ratios but also patterns of communal interdependence.”
—Marshall McLuhan (19111980)
“The solar system has no anxiety about its reputation, and the credit of truth and honesty is as safe; nor have I any fear that a skeptical bias can be given by leaning hard on the sides of fate, of practical power, or of trade, which the doctrine of Faith cannot down-weigh.”
—Ralph Waldo Emerson (18031882)