GRAHAM-HARVEY MEASURE 1


Meaning of GRAHAM-HARVEY MEASURE 1 in English

Performance measure invented by John Graham and Campbell Harvey. The idea is to lever a fund's portfolio to exactly match the volatility of the S&P 500. The difference between the fund's levered return and the S&P 500 return is the performance measure .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.