關於此課程：In this course, you will learn about latest investment strategies and performance evaluation. You will start by learning portfolio performance measures and discuss best practices in portfolio performance evaluation. You will explore different evaluation techniques such as style analysis and attribution analysis and apply them to evaluate different investment strategies. Special emphasis will be given to recent financial market innovations and current investment trends. After this course, learners will be able to: • Describe performance measurement measures • Evaluate portfolio performance • Describe and contrast different investment strategies • Propose investment strategy solutions
製作方： Rice University
教學方： Arzu Ozoguz, Finance Faculty
Jones Graduate School of Business
| 基本信息 | 課程 4（共 5 門，Investment and Portfolio Management Specialization ） |
| 承諾學習時間 | 4 weeks of study |
| 語言 | English |
| 如何通過 | 通過所有計分作業以完成課程。 |
| 用戶評分 |
授課大綱
第 1 週
Performance measurement and benchmarking
In this module, we focus on the central problem of performance measurement: how do you assess the increase in your wealth over a given period and evaluate the risk that was involved? In this module, you will learn how to calculate different return and risk measures and how you use these measures to evaluate a portfolio’s performance relative to a benchmark.
9 個視頻, 7 個閱讀材料, 2 個練習測驗
- 阅读: Grading Policy
- 讨论提示: What is your motivation for taking this course?
- 阅读: How to use discussion forums
- 阅读: Pre-Course Survey
- 視頻: Brief review of measuring returns
- 視頻: Measuring dollar-weighted vs. time-weighted returns
- 視頻: Computing excess returns over a benchmark
- 視頻: Compounding excess returns: Geometric mean excess return
- 阅读: Lecture handouts: Comparing two portfolio returns
- 练习测验: Comparing two portfolio returns
- 阅读: Comparing two portfolio returns- Quiz Solutions
- 視頻: Basic measures of risk
- 視頻: Measuring bad variation
- 視頻: Tracking error and residual risk
- 阅读: Lecture handouts: Revisiting measures of risk
- 练习测验: Revisiting measures of risk
- 阅读: Revisiting measures of risk- Quiz Solutions
- 視頻: Summary
已評分: Performance measurement and benchmarking
第 2 週
Active vs. passive investing: Risk-adjusted return measures
In this module, we focus on constructing return-to-risk measures in order to compare investments in terms of their desirability. You are going to learn several different ways to calculate risk-adjusted return measures for an actively managed fund and understand how these measures differ from each other.
9 個視頻, 8 個閱讀材料, 1 個練習測驗
- 視頻: Sharpe ratio - Introduction to general notion
- 視頻: Constructing the Sharpe ratio
- 視頻: Sortino ratio
- 視頻: Treynor’s measure
- 視頻: Jensen’s alpha
- 阅读: Accompanying spreadsheet for "Jensen's alpha"
- 視頻: Appraisal ratio and information ratio
- 阅读: Accompanying spreadsheet for "Appraisal ratio and information ratio"
- 視頻: Comparing the risk-adjusted measures
- 阅读: “The Sharpe ratio”, by William F. Sharpe
- 阅读: The Sharpe ratio and the information ratio
- 阅读: Lecture handouts: Risk-adjusted return measures
- 阅读: Instructions for practice quiz
- 练习测验: Risk-adjusted return measures
- 阅读: Solutions
- 視頻: Summary
- 阅读: Active vs. passive investing: Risk-adjusted return measures - Quiz Solutions
已評分: Active vs. passive investing: Risk-adjusted return measures
第 3 週
Performance evaluation: Style analysis and performance attribution
In this module, you are going to learn to use two analytical tools that are widely used in practice to evaluate what the portfolio performance can be attributed to.
You will first learn about style analysis. Then, you will learn about attribution analysis, which has become a crucial component in internal evaluation system of investment managers and institutional clients in the industry. Focus will be placed on the practical applications.
7 個視頻, 9 個閱讀材料, 2 個練習測驗
- 視頻: Style analysis
- 視頻: Style Analysis - Part II
- 視頻: Style analysis: How does it work?
- 阅读: Lecture handouts: Style Analysis
- 阅读: Style Analysis: Accompanying Excel spreadsheet
- 阅读: Asset allocation: Management style and performance measurement
- 练习测验: Style Analysis
- 阅读: Style Analysis - Quiz solutions
- 視頻: Performance attribution
- 視頻: Performance attribution: Numerical illustration
- 阅读: Lecture handouts: Performance attribution
- 阅读: Total Portfolio Performance Attribution Methodology
- 练习测验: Performance attribution
- 阅读: Performance attribution - Quiz Solutions
- 視頻: Summary
- 阅读: Performance evaluation: Style analysis and performance attribution- Quiz Solutions
- 阅读: End-Of-Course Survey
已評分: Performance evaluation: Style analysis and performance attribution
常見問題解答
運作方式
课程作业
每门课程都像是一本互动的教科书，具有预先录制的视频、测验和项目。
来自同学的帮助
与其他成千上万的学生相联系，对想法进行辩论，讨论课程材料，并寻求帮助来掌握概念。
证书
获得正式认证的作业，并与朋友、同事和雇主分享您的成功。
製作方
Rice University
Rice University is consistently ranked among the top 20 universities in the U.S. and the top 100 in the world. Rice has highly respected schools of Architecture, Business, Continuing Studies, Engineering, Humanities, Music, Natural Sciences and Social Sciences and is home to the Baker Institute for Public Policy.
價格
| 購買課程 | |
|---|---|
| 訪問課程材料 | 可用 |
| 訪問評分的材料 | 可用 |
| 收到最終成績 | 可用 |
| 獲得可共享的課程證書 | 可用 |
評分和審閱
Excellent course, unfortunately ruined by the lack of support from mentoring or teaching staff. Also getting a peer review assigned is very difficult, probably due to shortage of students.
Great course!!!
I think that this particular course could have a bit deeper dive into the topic, felt more like a general overview compared to previous courses in the specialization.
RS
Week 2 could be explained a bit better.