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Performance Evaluation of Finnish Mutual Funds

In: Business and Management

Submitted By Onekid
Words 6346
Pages 26
Performance Evaluation of Finnish Mutual Funds

2014

TABLE OF CONTENT
1! ABSTRACT ............................................................................................... 1!
2! INTRODUCTION ..................................................................................... 2!
2.1.! Purpose ................................................................................................................. 2!

3! THE FINNISH FUND MARKET .............................................................. 3!
4! PREVIOUS RESEARCH ........................................................................... 5!
5! METHODOLOGY ..................................................................................... 8!
5.1.! Standard Deviation .............................................................................................. 8!
5.2.! Beta ....................................................................................................................... 8!
5.3.! Jensen Alpha ........................................................................................................ 9!
5.4.! Sharpe Ratio ....................................................................................................... 10!
5.5.! Treynor Ratio ..................................................................................................... 10!
5.6.! Hypothesis ........................................................................................................... 11!
5.7.! Autokorrelation .................................................................................................. 12!
5.8.! Heteroscedasticity .............................................................................................. 12!

6! THE DATA .............................................................................................. 13!
6.1.! Descriptive statistics...

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