Article ID Journal Published Year Pages File Type
1031304 Journal of Air Transport Management 2008 6 Pages PDF
Abstract

Stock performance evaluation is an important subject widely studied for both theoretical and practical purposes. It is particularly relevant for the highly cyclical airline industry now in a financial crisis. Here it is shown that the use of conventional performance measures, such as the Sharpe ratio, could seriously mislead investors regarding stock performances of airline companies.

Keywords
Related Topics
Social Sciences and Humanities Business, Management and Accounting Strategy and Management
Preview
The performance of Asian airlines in the recent financial turmoil based on VaR and modified Sharpe ratio
Authors
, , ,