Performance Indexes: Similarities and Differences

• Autor(a) principal: Caldeira, André Machado
• Data de Publicação: 2013
• Outros Autores: Gassenferth, Walter, Pacheco, Giovanna Lamastra, Machado, Maria Augusta Soares
• Tipo de documento: Artigo
• Idioma: eng
• Título da fonte: Independent Journal of Management & Production
• Texto Completo: http://www.ijmp.jor.br/index.php/ijmp/article/view/53
• topic: Return; Risk; Performance Index

The investor of today is more rigorous on monitoring a financial assets portfolio. He no longer thinks only in terms of the expected return (one dimension), but in terms of risk-return (two dimensions). Thus new perception is more complex, since the risk measurement can vary according to anyone’s perception; some use the standard deviation for that, others disagree with this measure by proposing others. In addition to this difficulty, there is the problem of how to consider these two dimensions.The objective of this essay is to study the main performance indexes through an empirical study in order to verify the differences and similarities for some of the selected assets. One performance index proposed in Caldeira (2005) shall be included in this analysis.