network profile
| bio | website | |
|---|---|---|
| location | Phillips, ME | |
| age | ||
| visits | member for | 1 year, 5 months |
| seen | May 9 '12 at 19:51 | |
| stats | profile views | 9 |
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Apr 17 |
comment |
What benchmark/index to use for backtesting a portfolio of stock options? @Lirik - as to the appropriate benchmark to test against - it really should be the universe of investments you are allowed to pick from. So if you are testing a strategy on NYSE stocks, then use the average return for all NYSE stocks. Don't compare apples to oranges. |
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Apr 17 |
comment |
What benchmark/index to use for backtesting a portfolio of stock options? @Lirik - it really depends on an individual's or institution's investment objectives. When a professional investor gives a money manager funds to invest he will define the benchmark for the manager. So when a large university gives a money manager funds to invest in the US equity markets they might use the S&P500 as the benchmark. Funds given to an investment firm in Europe might use the DAX. It would be highly unusual to give a fund manager investing in real estate in Japan a benchmark of the risk free rate for Swiss francs for example. |
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Apr 17 |
comment |
What benchmark/index to use for backtesting a portfolio of stock options? @Lirik - The concept of a "risk-free interest rate" is an illusion. All assets have risks, such as risk of inflation, theft, war etc. |
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Jan 20 |
answered | How does “time segmented volume” differ from on-balance volume? |
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Jan 14 |
awarded | Editor |
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Jan 14 |
revised |
What benchmark/index to use for backtesting a portfolio of stock options? edited body |
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Jan 14 |
awarded | Teacher |
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Jan 14 |
answered | What benchmark/index to use for backtesting a portfolio of stock options? |
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Dec 28 |
awarded | Supporter |
