Ranking mutual funds using Sortino method
One of the primary concerns on most business activities is to determine an efficient method for ranking mutual funds. This paper performs an empirical investigation to rank 42 mutual funds listed on Tehran Stock Exchange using Sortino method over the period 2011-2012. The results of survey have been...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Growing Science
2014-04-01
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| Series: | Management Science Letters |
| Subjects: | |
| Online Access: | http://www.growingscience.com/msl/Vol4/msl_2014_66.pdf |
| _version_ | 1811254539242700800 |
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| author | Khosro Faghani Makrani Behzad Zamanian |
| author_facet | Khosro Faghani Makrani Behzad Zamanian |
| author_sort | Khosro Faghani Makrani |
| collection | DOAJ |
| description | One of the primary concerns on most business activities is to determine an efficient method for ranking mutual funds. This paper performs an empirical investigation to rank 42 mutual funds listed on Tehran Stock Exchange using Sortino method over the period 2011-2012. The results of survey have been compared with market return and the results have confirmed that there were some positive and meaningful relationships between Sortino return and market return. In addition, there were some positive and meaningful relationship between two Sortino methods. |
| first_indexed | 2024-04-12T17:07:58Z |
| format | Article |
| id | doaj.art-2d50b37edfd94d28b2f1a350dbbd9495 |
| institution | Directory Open Access Journal |
| issn | 1923-2934 1923-9343 |
| language | English |
| last_indexed | 2024-04-12T17:07:58Z |
| publishDate | 2014-04-01 |
| publisher | Growing Science |
| record_format | Article |
| series | Management Science Letters |
| spelling | doaj.art-2d50b37edfd94d28b2f1a350dbbd94952022-12-22T03:23:52ZengGrowing ScienceManagement Science Letters1923-29341923-93432014-04-014465966210.5267/j.msl.2014.2.028Ranking mutual funds using Sortino methodKhosro Faghani Makrani Behzad ZamanianOne of the primary concerns on most business activities is to determine an efficient method for ranking mutual funds. This paper performs an empirical investigation to rank 42 mutual funds listed on Tehran Stock Exchange using Sortino method over the period 2011-2012. The results of survey have been compared with market return and the results have confirmed that there were some positive and meaningful relationships between Sortino return and market return. In addition, there were some positive and meaningful relationship between two Sortino methods.http://www.growingscience.com/msl/Vol4/msl_2014_66.pdfSortino methodMutual fundTehran Stock Exchange |
| spellingShingle | Khosro Faghani Makrani Behzad Zamanian Ranking mutual funds using Sortino method Management Science Letters Sortino method Mutual fund Tehran Stock Exchange |
| title | Ranking mutual funds using Sortino method |
| title_full | Ranking mutual funds using Sortino method |
| title_fullStr | Ranking mutual funds using Sortino method |
| title_full_unstemmed | Ranking mutual funds using Sortino method |
| title_short | Ranking mutual funds using Sortino method |
| title_sort | ranking mutual funds using sortino method |
| topic | Sortino method Mutual fund Tehran Stock Exchange |
| url | http://www.growingscience.com/msl/Vol4/msl_2014_66.pdf |
| work_keys_str_mv | AT khosrofaghanimakrani rankingmutualfundsusingsortinomethod AT behzadzamanian rankingmutualfundsusingsortinomethod |