Sentences with phrase «perceived as a measurement»

Alpha is perceived as a measurement of a portfolio manager's aptitude.

Not exact matches

This highly flawed concept, widely taught in MBA and financial engineering programs, perceives volatility as an exogenous measurement of risk, ignoring its role as both a source of excess returns, and a direct influencer on risk itself... Systematic strategies are based on market volatility as a key decision metric for leverage... The majority of active management strategies rely on some form of volatility for excess returns and to make leverage decisions.

Found between the marks of the entrance and exit are a series of drawers - mounted respecting the Modulor's measurements - that appear to be flat - surfaces, and can only be perceived as 3 - dimensional objects upon active participation of the observer.