Finally, Martin, which uses
same numerator as Sharpe and Sortino, excess return relative to TBill, but it uses the Ulcer Index (UI) for the denominator, which is the square root of the mean of the squared percentage draw downs in value.
Here is the formula used: Sortino is same as Sharpe except its denominator is the annualized downside deviation, which only uses monthly returns falling below TBill average, as shown here: Finally, Martin, which uses
same numerator as Sharpe and Sortino, excess return relative to TBill, but it uses the Ulcer Index (UI) for the denominator, which is the square root of the mean of the squared percentage draw downs in value.
Not exact matches
The denominator is usually ignored or in some cases is ordered according to size if there are multiple
numerators of the
same size.
Card N (6x - 5) / 2 = (3x +6) / 2 [The
numerators are equal as the fractions are equal and the denominators are
same.]
Explain to students that when the denominators — or the bottom numbers — are the
same in two fractions, they only need to subtract the
numerators or top numbers.
if denominators are alike (meaning that subunits are the
same length), we can compare
numerators (the distances from 0);
TOPICS Equivalent Fractions and Decimals
Same height, fewer cubes More than a whole square Fractions and decimals Decomposing fractions Compare and Order Fractions Compare unlike fractions Compare fractions using common
numerators Compare to one - half Compare decimals Fraction comparison Add and Subtract Fractions Add and subtract mixed numbers Add and subtract fractions Add tenths and hundreths Multiply Fractions Unit fraction multiples Explore tower times Fraction multiples INCLUDES 5 VersaTiles, Hands - On Standards, Common Core Fractions, Grade 4, Student Activity Books
Equivalent fractions are found by multiplying the
numerator and denominator by the
same number or term.
For example, it is not sufficient for students to know they can find equivalent fractions by multiplying the
numerator and denominator by the
same number.
The
numerator is the
same used in the normal «current dividend yield» - the next 12 months of regular $ $ dividend payments.
When calculating component returns, the figures for the capital invested (denominator) and average years invested (AYI) remain the
same, with the gain (
numerator) varied accordingly.
At the second step, we calculate, in the
same manner, the value of A˜m, substituting, in the
numerator of Eq.
For further detail on the
numerators and denominators used to compute the above rates, please download our report — The State of Law Firm Email Marketing: Benchmarks, Trends, and Best Practices (documenting benchmarks for key performance metrics for law firm email marketing campaigns between July 1, 2009 and June 30, 2011; while the data in the report is dated, the computational methodology and concepts are the
same for the 2013 rates above).
Comment: Several commenters took issue with the «top - down» approach that we used to estimate costs for small businesses, believing that this methodology provided only a single point estimate, gave no indication of the variation around the estimate, and was subject to numerous methodological errors since the entities to which the
numerator pertained may not have been Start Printed Page 82757the
same as the denominator.