English

What is the Sharpe Ratio, and how can everyone get it wrong?

Portfolio Management 2018-02-14 v1 Risk Management

Abstract

The Sharpe ratio is the most widely used risk metric in the quantitative finance community - amazingly, essentially everyone gets it wrong. In this note, we will make a quixotic effort to rectify the situation.

Keywords

Cite

@article{arxiv.1802.04413,
  title  = {What is the Sharpe Ratio, and how can everyone get it wrong?},
  author = {Igor Rivin},
  journal= {arXiv preprint arXiv:1802.04413},
  year   = {2018}
}

Comments

Four pages