
Is the Efficient Market Hypothesis flawed?
The Efficient Market Hypothesis (EMH) is a theory in financial economics that states that financial markets are “informationally efficient,”...
January 15, 20230 
Evaluating Portfolio riskadjusted returns
Evaluating a portfolio’s riskadjusted return is more informative than evaluating its return alone because it allows investors to compare...

Evaluation Metrics: GaintoPain Ratio
The Gain to Pain ratio (also known as the RPR – Reward to Pain ratio) is a riskadjusted performance...

Evaluation Metrics: Treynor Ratio
The Treynor ratio is a measure of riskadjusted return, similar to the Sharpe ratio and the Sortino ratio. It...

Evaluation Metrics: Sortino Ratio
The Sortino ratio is a riskadjusted performance measure that is similar to the Sharpe ratio. It is used to...

Evaluation Metrics: Sharpe Ratio
The Sharpe Ratio is a measure of the riskadjusted return of an investment. It was developed by economist William...

Efficient Frontier
What is the efficient frontier in portfolio theory? The efficient frontier is a concept in portfolio theory that represents...
December 30, 2022