Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 20 of 193 for “"risk-adjusted"”.
-
Risk adjusted rate of return: Directional distance function approach
In this dissertation, the risk adjusted rate of return (RAROR) that utilizes the directional distance function (DDF) approaches is developed to integrate conventional RAROR in a consistent manner. The sensitivity and the probabilistic analysis for DDF-RAROR are also illustrated. The DDF-RAROR is …
-
Novel Approaches to Global Benchmarking of Risk-Adjusted Surgical Outcomes
… Despite the existence of multiple validated risk-assessment and quality benchmarking tools in surgery, their utility outside of High Income Countries is limited. We sought to derive, validate and apply a scoring system that is both 1) feasible, and 2) reliably predicts mortality in a Middle …
-
Evaluating risk-adjusted discount rates in forest investment decision making
One approach to risk in investment evaluation is to discount expected cash flows with a single risk-adjusted discount rate. When emphasis is placed on total (as opposed to systematic) risk there are no a priori criteria guiding the proper selection of' the risk-adjusted discount rate. It is …
-
Dynamic Probability Control Limits for Risk-Adjusted Bernoulli Cumulative Sum Charts
The risk-adjusted Bernoulli cumulative sum (CUSUM) chart developed by Steiner et al. (2000) is an increasingly popular tool for monitoring clinical and surgical performance. In practice, however, use of a fixed control limit for the chart leads to quite variable in-control average run length (ARL) …
-
Essays on credit risk, risk adjusted performance and economic capital in financial institutions
… plain vanilla credit derivatives, 2. the use of risk-adjusted performance measurement, for optimal portfolio management in the banking, asset management and insurance industries 3. return on economic capital as a measure of value created by the holding of bank assets and the operation of bank …
-
Improving risk-adjusted performance in high-frequency trading: The role of fuzzy logic systems
… trading have been the subject of increasing risk concerns. A general theme that we adopt in this thesis is that trading practitioners are predominantly interested in risk-adjusted performance. Likewise, regulators are demanding stricter risk controls. First, we scrutinise conventional AI …
-
SMEs Behavioral Models of Risk-Adjusted Performance (A cross-sectoral empirical inquiry from Albanian market).
… liquidity/16, operational efficiency/12, risk/6 and growth areas /7). These analyses were conducted through a radial basis function at 95% confidence level referring to a sample of 33 SMEs in each sector. RESULTS: The prediction of SMEs performance in a cross-sectoral context revealed as …
-
The Risk-Adjusted Profit Function Measurement of Economies of Scale and Efficiency in Commercial Banking
Whether or not economies of scale exist in the commercial banking industry has been a subject of investigation in a number of cost function studies. The major problem with this approach appears to be the disagreement over which variable(s) would adequately represent bank 'output'. Previous results, …
-
Postoperative outcomes associated with surgical care for women in Africa: an international risk-adjusted analysis
… Surgical Outcomes Study (ISOS) in a riskadjusted logistic regression analysis. Findings There were 1498 African participants and 18449 international participants who met the inclusion criteria. The African cohort were younger than the international cohort (47 (17) years versus 57 …
-
A risk-adjusted performance history of public and private market real estate investment, 1978-1997
… efficiency to its investors as measured by risk adjusted total return over the 20 year period from 1978-1997. The initial objective of this thesis was to create a publicly traded real estate equity index(the "Thesis index") for comparison to the existing National Association of Real Estate …
-
The impact of fund size on the risk adjusted performance of South African unit trust funds
… of assets under management, and their respective risk adjusted returns. The study also seeks to determine the degree to which an identifiable range of asset sizes exists within which the risk adjusted fund returns are maximised. The results of the regression and ranking analysis, performed on a …
-
Risk adjusted asset valuation using a probabilistic approach with optimized asking rents and resale timing options
… transparent and user-friendly yet flexible risk-adjusted valuation of a subject individual acquisition, structured to consider the asset either as a core asset or a value-add asset. This study applies a basic stock flow model of space market dynamics to address the question of covariance …
-
Have the private equity real estate funds out-performed REITs on a risk adjusted basis over time?
… ratio to measure investment performance on a risk-adjusted basis, to provide a rigorous quantitative approach to comparing the total returns of both PERE funds and REITs. Overall, we find that listed REITs slightly outperformed PERE Funds in the past 21 years. In the end, the study suggests an …
-
The prima facie relationship between size of assets under management and the risk-adjusted performance of South African collective investment schemes
… scheme's (or mutual fund) size and its risk-adjusted performance but the research has produced contradictory results with no apparent consensus. Data from a sample size of 100 (one hundred) collective investment schemes in the Association for Savings and Investments (South Africa) …
-
The Development Role Played by Targeted Development Investments in South Africa and Their Risk-Adjusted Performance Over a 10-Year Period
… investments in South Africa and their risk adjusted performance over a 10-Year period, that is from 2008 to 2017. Targeted development investments as a subset of socially responsible investments have transformed the way capital is allocated towards development funding needs. In the …
-
Risk adjusted mortality rates : Do they differ if bases on administrative data (hospital standardised mortality ratio) versus a physiological predictive model (APACHE IV ®)?
… to determine the correlation in the predicted risk adjusted mortality rates. To determine whether stratifying the patients into low (<10%), medium (<50%) or high (>80%) risk bands will lead to more accurate comparisons. Design: Prospective cohort study Setting: 63 critical care units in 34 …
-
Performance of Socially Responsible Investment Funds in South Africa
This thesis examines how the risk-adjusted performance of Socially Responsible Investment (“SRI”) funds are affected by key events in South Africa, namely, the introduction of King IV and the introduction of socially responsible indices in South Africa, events and their impact on socially …
-
A Markowitz mean-variance analysis of hedge fund investments for multi-asset class portfolio holders in South Africa
… who make use of correlation to achieve higher risk-adjusted returns for investors. As such this paper tests whether higher risk-adjusted returns can be achieved in well diversified multi-asset class portfolios if hedge funds are included. To test for the optimal risk-adjusted returns that can …
Page 1 of 10