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What risk measure does the Sortino ratio use and why is it preferable to the risk measure employed in the Sharpe ratio? If returns are
- What risk measure does the Sortino ratio use and why is it preferable to the risk measure employed in the Sharpe ratio?
- If returns are normally distributed, explain why the Sharpe and Sortino ratio will rank securities in the same order.
- Using words, explain what skewness is. Why is it that investors prefer portfolios with returns that are positively skewed?
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Financial Management In The Sport Industry
Authors: Matthew T Brown, Daniel Rascher, Mark S Nagel, Chad Mcevoy
1st Edition
1934432040, 978-1934432044
