Performance measures must align with portfolio use and features. Avoid Sharpe and similar ratios due to flaws; consider alternatives like trimmed alpha, median returns, and value at risk. CAGR is ...
Most organizations have some sort of performance appraisal system in place to evaluate decisions related to promotions, salary hikes and professional development. To execute that, a set of ...
For a financial performance measure to be good, it should generally rise when good things happen and decline when bad things happen. And it should motivate high-quality decision-making. This may seem ...