measuring risk adjusted performance of 13 closed end mutual funds on the basis of monthly Net Asset Value. For this purpose methods suggested by Jensen‚ Treynor and Sharpe are employed. Performance of the selected funds found superior in compare to benchmark index. Furthermore diversification‚ market timing and selectivity skill of fund managers are tested. We found little amount of diversification‚ no statistically significant timing skill but good level of selectivity. Keywords: Net Asset Value‚ Reward
Premium Investment Balance sheet Generally Accepted Accounting Principles
for at least a three-year period. In addition‚ a Du Pont analysis of the return on equity will help determine what has affected the profitability of the company. 4. Juan knows that he should compare Quickfix’s condition with an appropriate benchmark. How should he go about obtaining the necessary comparison data? Based on Quickfix’s industry classification code‚ Juan should collect industry averages of the key financial ratios. Some useful sources for industry ratios include: Value Line
Premium Balance sheet Financial ratios Financial ratio
available to the Sun Chip project: Continue in the current test market. Expand to other regional markets. Launch the product nationally. Making adjustments to the marketing mix Abandon the Sun Chip product altogether. Frito-Lay has a benchmark of $100 million in first-year sales for new products. During the test market Sun Chips was able to receive 19.9% of the households in the Minnesota/St. Paul to try the product. Of that percentage‚ 41.8% had accounted for repeater purchases. Sun Chips
Premium Marketing United States customary units Imperial units
Money and Capital Markets Current Trends in Indian Stock Markets (April - June 2013) Introduction The Indian Equity market is divided in to two parts Primary market - where the share is first issued in the form of IPO (Initial Public Offering). After issuing the shares it is listed on one or more exchanges and the share is traded i.e. bought and sold - this is secondary market. When securities are offered exclusively to the existing shareholders of company‚ as opposed to the general
Premium Stock market Stock exchange Central bank
organizations and people who are labeled as ‘stars’ to keep performing to get the applause and not take it for granted. Reward: A corollary to the point on performance has been rewarding the performance in variety of ways that has made IPL the benchmark for the organizations to follow and adopt. Globalization: This is oft repeated and battered cliché! Nonetheless‚ the stakeholders were instrumental in taking the sport of cricket to a global level not only in terms of audiences but the participants
Premium Indian Premier League Cricket Board of Control for Cricket in India
Due by:_____________ Period:__________ Standard 6- Students develop individualized lifetime wellness and physical fitness programs and participated regularly in individual activities. Benchmark A- Students analyze and compare health and fitness benefits derived from various physical activities. Benchmark B- Develop a realistic personal wellness and physical fitness plan. This project is worth 50 points and 20% of your grade and is required for completion of this course. Only projects
Premium Physical fitness Lunch Exercise
required of the students. Tables of Specifications are created as part of the preparation for the unit‚ not as an afterthought the night before the test. Knowing what is contained in the assessment and that the content matches the standards and benchmarks in level of critical thinking will guide learning experiences presented to students. Students appreciate knowing what is being assessed and what level mastery is required. Any question on an assessment should require students to do three things:
Premium Thought Educational psychology Assessment
not on the portfolio’s overall return * Managers should be judged by whether they consistently followed the client’s policy guidelines * The policy statement will typically include a benchmark portfolio‚ or comparison standard * The risk of the benchmark‚ and the assets included in the benchmark‚ should agree with the client’s risk preferences and investment needs Other Benefits * A sound policy statement helps to protect the client against a portfolio manager’s inappropriate investments
Premium Investment
MARKETING OF CRUDE OIL & PRODUCTS CPM-DS‚ HPCL SANGEETH P S ISPE-HPCL-CPM-DS1-015 08/JULY/2013 MARKETING OF CRUDE OIL & PRODUCTS PART I : Each Question is of 1 mark each 1. Name petroleum products which we get on processing Crude Oil. Ans: Petroleum products are usually grouped into three categories: light distillates (LPG‚ gasoline‚ naphtha)‚ middle distillates (kerosene‚ diesel)‚ heavy distillates and residuum (heavy fuel oil‚ lubricating oils‚ wax‚ asphalt). This classification is
Premium Petroleum
1.How does Quickfix’s average compound growth rate in sales compare with itsearnings growth rate over the past five years? Quickfix’s sales have increased by an average compound rate of 14% per year over the period‚ 1997-2001. In comparison‚ its net income has declined from over $16‚600 millionto a loss of $102 in 2001. 2.Which statements should Juan refer to and which one’s should he construct so as todevelop a fair assessment of the firm’s financial condition? Explain why? Juan should refer
Premium Financial ratios Balance sheet Financial ratio