TREYNOR INDEX


Meaning of TREYNOR INDEX in English

A measure of the excess return per unit of risk , where excess return is defined as the difference between the portfolio's return and the risk-free rate of return over the same evaluation period and where the unit of risk is the portfolio's beta .

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