Investment Performance Measurement

This is an introduction to performance analysis and attribution that takes time to explain what concepts mean. It is excellent for building intuition, especially for readers who are new to finance. There are plenty of worked examples and spreadsheet depictions to walk readers through computations. The math is neither advanced nor rigorous. Indeed, the author uses alpha and beta in ways that implicitly change their definitions. This is a decent book for novices to come up to speed ...

For similar books, see sections:

Portfolio Management - General

Portfolio Management - Performance Analysis

Risk Management - Market Risk

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