Sentences with phrase «performance persistence»
"Performance persistence" refers to consistently maintaining or improving one's performance over time. It means that someone or something consistently delivers good results or performance, rather than being sporadic or temporary. Full definition
There is strong evidence of performance persistence among individual option traders.
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They examined performance persistence in a number of other ways as well.
Chances are that in that case performance persistence would be even worse than the one shown in the study.
While a low cost and small turnover coupled with a significant active share are generally good screening criteria, funds clearly have trouble with performance persistence.
The only performance persistence seems to be on the poor side — lousy funds have a tendency to remain lousy.
What hedge fund characteristics are most indicative of performance persistence?
They also test hedge fund performance persistence based on out - of - sample performance of funds ranked by in - sample alphas for ETF - based and conventional factor models.
In their 2007 study, Martijn Cremers and Antti Petajisto noted that «the best performers are concentrated stock pickers» and «we also find strong evidence for performance persistence for the funds with the highest active share.»
1) Active Share predicts fund performance: funds with the highest Active Share significantly outperform their benchmarks, both before and after expenses, and they exhibit strong performance persistence.
Morningstar's January 2016 study, Performance Persistence Among U.S. Mutual Funds, found evidence of what academics call «persistence of performance»: funds that have done well recently tend to continue to do well in the coming months and even years.
Superior performance persistence is almost nonexistent.»
Moreover, the biggest difference between how trustee and non-trustee funds are treated on the menu occurs for the worst - performing funds, which have been shown to exhibit significant performance persistence.
Considered together with the observed weak performance persistence for top - performing funds in Australia across three - and five - year periods, finding funds that beat the benchmark for several consecutive years may appear an inconceivable mission.
Designed scalable and high performance persistence layer.
I found some good research from Harvard Business School, Performance Persistence in Entrepreneurship, which suggest that serial entrepreneurs that have prior success are more likely to have success, and that the best VCs are good at picking serial entrepreneurs.
They hypothesize that investors who believe that hedge fund performance is predominantly skill (luck) are prone to overestimate the likelihood of performance persistence (mean reversion) in small samples, leading to an overly trend - following (contrarian) investing style.
Active Share predicts fund performance: funds with the highest Active Share significantly outperform their benchmarks, both before and after expenses, and they exhibit strong performance persistence.
They put together a Harvard Business School working paper, Performance Persistence in Entrepreneurship.
In their August 2007 paper entitled «Performance Persistence of Individual Investors», Limei Che, Øyvind Norli and Richard Priestley investigate performance persistence among individual stock market investors / traders.
First, the performance persistence of top - performing active funds that remained in the top - quartile or top - half rankings over consecutive three - and five - year periods was measured.
In the July 2010 version of their paper entitled «Hedge Fund Characteristics and Performance Persistence», Manuel Ammann, Otto Huber and Markus Schmid investigate hedge fund performance persistence over future horizons of six to 36 months based on portfolios of hedge funds formed via double sorts on past performance and another fund characteristic.
However, based on our performance persistence analysis on Australian active funds, it is extremely challenging to pick winning streaks, as we found that few Australian active funds were consistent top performers.
CXO examines a July 2010 paper, «Hedge Fund Characteristics and Performance Persistence», by Manuel Ammann, Otto Huber and Markus Schmid, in which the authors investigate hedge fund performance persistence over periods of six to 36 months based on portfolios of hedge funds formed via double sorts on past performance and another fund characteristic, which might include the following: