Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method

Aykan Coşkun; İsrafil Zor

doi:10.33203/mfy.1075559

EN TR

Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method

Abstract

In this study, it is aimed to examine the importance weights of performance ratios by using the data of hedge funds operating in the January 1999-May 2019 period. In the study information, Calmar, Jensens alpha, m-square, Sharpe, Sortino and Sterling ratios, which hedge fund investors expect to be high, were calculated, and the importance weights of these ratios were determined by the Entropy method, which is one of the multi-criteria decision-making methods. The results show that Sortino, Sterling, and Jensen’s alpha ratios have higher importance weights than other ratios.

Keywords

Performance Ratios, Entropy Method, Hedge Funds, Return, Risk

References

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Details

Primary Language

English

Subjects

Finance

Journal Section

Research Article

Authors

Aykan Coşkun ^*
0000-0002-9912-6871
Türkiye

İsrafil Zor
0000-0001-6073-7571
Türkiye

Publication Date

October 21, 2022

Submission Date

February 18, 2022

Acceptance Date

October 21, 2022

Published in Issue

Year 2022 Number: 118

DOI

https://doi.org/10.33203/mfy.1075559

IZ

https://izlik.org/JA24PF52JY

APA

Coşkun, A., & Zor, İ. (2022). Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method. Maliye Ve Finans Yazıları, 118, 1-12. https://doi.org/10.33203/mfy.1075559

AMA

1.Coşkun A, Zor İ. Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method. Maliye ve Finans Yazıları. 2022;(118):1-12. doi:10.33203/mfy.1075559

Chicago

Coşkun, Aykan, and İsrafil Zor. 2022. “Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method”. Maliye Ve Finans Yazıları, nos. 118: 1-12. https://doi.org/10.33203/mfy.1075559.

EndNote

Coşkun A, Zor İ (October 1, 2022) Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method. Maliye ve Finans Yazıları 118 1–12.

IEEE

[1]A. Coşkun and İ. Zor, “Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method”, Maliye ve Finans Yazıları, no. 118, pp. 1–12, Oct. 2022, doi: 10.33203/mfy.1075559.

ISNAD

Coşkun, Aykan - Zor, İsrafil. “Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method”. Maliye ve Finans Yazıları. 118 (October 1, 2022): 1-12. https://doi.org/10.33203/mfy.1075559.

JAMA

1.Coşkun A, Zor İ. Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method. Maliye ve Finans Yazıları. 2022;:1–12.

MLA

Coşkun, Aykan, and İsrafil Zor. “Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method”. Maliye Ve Finans Yazıları, no. 118, Oct. 2022, pp. 1-12, doi:10.33203/mfy.1075559.

Vancouver

1.Aykan Coşkun, İsrafil Zor. Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method. Maliye ve Finans Yazıları. 2022 Oct. 1;(118):1-12. doi:10.33203/mfy.1075559

The scope of the Journal of Finance Letters consists of studies in the fields of economics, public finance, finance, and banking.

Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method

Importance Weights of Performance Ratios: Analyzing Hedge Funds by Entropy Method

Abstract

Keywords

PERFORMANS ORANLARININ ÖNEM AĞIRLIKLARI: HEDGE FONLARIN ENTROPİ YÖNTEMİYLE İNCELENMESİ

Abstract

Keywords

References

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