Distinguish between performance and luck for any single fund

Assignment Help Financial Management
Reference no: EM131185745

How can we distinguish between performance and luck for any single fund? What if we find that 400 analysts and managers outperform the market 10 years in a row—how can we determine which are lucky and which are talented? Why does it matter?

Reference no: EM131185745

Questions Cloud

What happens in the likelihood to the constructor : When lots of projects are available to the contractors to choose for what they bid for and whereas the less projects are existent, what happens in the likelihood to the constructor.
What is the minimum number of packages of buns and hot dogs : For this picnic, you need to feed at least 500 people. If you want to feed everyone, but still have equal numbers of buns and hot dogs, what is the minimum number of packages of buns and hot dogs you need, respectively?
What did you learn about your personality style : Provide an overview of your results as well as their application to your current position and future career goals , What did you learn about your personality style? Are there any behaviors that you would like to modify as a consequence of your test r..
Challenges does zappos face in implementing holacracy : What risks and challenges does Zappos face in implementing holacracy? Overall what do you think the chances are of holacracy succeeding at Zappos?
Distinguish between performance and luck for any single fund : How can we distinguish between performance and luck for any single fund? What if we find that 400 analysts and managers outperform the market 10 years in a row—how can we determine which are lucky and which are talented? Why does it matter?
Explain briefly why that chart type was selected : Explain briefly why that chart type was selected. Calculate the measures of central tendency and variability (mean, median, mode, standard deviation) for the data. Explain the steps you followed to come your answer.
Formulation the problem using linear integer program : In the paper industry, Given mother rolls of fixed width (mother roll ) a set of orders for rolls of smaller widths, the objective of the Cutting Stock Problem is to determine how to cut the rolls into smaller widths to fulfill the orders in such ..
Does arbitration tend to hinder public employee bargaining : Does arbitration tend to help or hinder public employee bargaining? Be sure to explain and support your position. Does collective bargaining legislation increase the amount of strikes? Explain and support your position.
Discuss key factors that led to birth of mass tourism : Discuss key factors that led to the birth of mass tourism. In your response, draw reference to the major developments taking place in the pre-industrial, industrial and post-industrial era.

Reviews

Write a Review

Financial Management Questions & Answers

  Calculate the break-even volume

A regional soft drink manufacturer is considering opening a new manufacturing plant in the Midwest.Its total fixed costs are $100 million, with the cost of the new plant included in that figure at a depreciatedvalue based on the expected life of the ..

  Calculate the market value of firm with the total assets

Calculate the market value of a firm with the total assets of $105 million and $50 million od 10% perpetual debt in capital structure. The firm's cost of equity is 14% on the 55 million in equity in the capital structure. The perpetual EBIT is expect..

  What will its share price be after the dividend is paid

KMS Corporation has assets with a market value of $500 million, $50 million of which are cash. It has debt of $200 million, and 10 million shares outstanding. Assume perfect capital markets. What is its current stock price? If KMS distributes $50 mil..

  Business of internet service to evaluate this new venture

The Moore, Inc. is a residential and commercial internet service provider. Now it is considering expanding into a new line of business: 3-D printer. Currently, Moore has an effective tax rate of 40% and equity to debt ratio is 1.5. What would happen ..

  Debt-to-total assets ratio

Krisle and Kringle's debt-to-total assets ratio is 0.445 (i.e., debt ratio = 44.5%). What is the company’s debt- to-equity ratio? (Enter answer as a ratio rounded to 2 decimal places – that is, do not convert to a percent; for example, enter 80/35 = ..

  Cash flows-What is the IRR for this project

A project has the following cash flows: Year Cash Flow 0 $ 73,000 1 – 54,000 2 – 27,600 Requirement 1: What is the IRR for this project? What is the NPV of the project if the required return is 0 percent? What is the NPV of the project if the require..

  Provide great deal of control for small dolla investment

Holding company Scully Corporation holds enough stock in company B to give it voting control of both firms. Consider the accompanying simplified balance sheets for these companies. What percentage of the total assets controlled by Scully Corporation ..

  Assuming purchasing power parity holds

Suppose the spot exchange rate for the Canadian dollar is Can$1.15 and the six-month forward rate is Can$1.19. Assuming purchasing power parity (PPP) holds, what is the cost in the U.S. of a Moosehead beer if the price in Canada is Can$2.50? Identify..

  Firm needs to plow back its earnings to fuel growth

Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a $15 per share dividend 10 years from today ..

  Section of the course in the context of the size of a firm

Most of the examples in the text are medium or large companies. Think about the concepts of risk which are part of this section of the course in the context of the size of a firm. Would these change if the firm were large? Small ?  Medium-sized? Any ..

  What is the company total asset turnover and profit margin

The Dahlia Company has net income of $157,850. There are currently 28.65 days’ sales in receivables. Total assets are $846,000, total receivables are $147,100, and the debt–equity ratio is .35. What is the company’s profit margin? What is the company..

  Local convention center to help pay for maintenance.

Berklin County has a deal with the local convention center to help pay for maintenance. The county will pay $4817 each month and increase its payment by 0.5% each subsequent month. The county has committed to paying this maintenance for 10 years. How..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd