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Reference Work Entry In depth
The Le Chatelier Principle of the Capital Market Equilibrium
This chapter purports to provide a theoretical underpinning for the problem of the Investment Company Act. The theory of the Le Chatelier principle is well known in thermodynamics: The system tends to adjust i...
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Reference Work Entry In depth
A Critical Evaluation of the Portfolio Performance Indices Under Rank Transformation
This chapter analytically determines the conditions under which four commonly utilized portfolio measures (the Sharpe index, the Treynor index, the Jensen alpha, and the adjusted Jensen alpha) will be similar ...
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Reference Work Entry In depth
How Consistent Are the Judges of Portfolio Performance?
This analysis tests whether the rank ordering of a set of portfolios, with varying number of assets, differs depending on the performance measure used. To test this hypothesis, we construct a Friedman test ove...
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Living Reference Work Entry In depth
The Le Chatelier Principle of the Capital Market Equilibrium
This entry purports to provide a theoretical underpinning for the problem of the Investment Company Act. The theory of the Le Chatelier principle is well known in thermodynamics: The system tends to adjust its...
-
Reference Work Entry In depth
The Le Châtelier Principle of the Capital Market Equilibrium
This chapter purports to provide a theoretical underpinning for the problem of the Investment Company Act. The theory of the Le Chatelier principle is well known in thermodynamics. The system tends to adjust i...
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Reference Work Entry In depth
Dynamic Interactions Between Institutional Investors and the Taiwan Stock Returns: One-Regime and Threshold VAR Models
This paper constructs a six-variable VAR model (including NASDAQ returns, TSE returns, NT/USD returns, net foreign purchases, net domestic investment companies (dic) purchases, and net registered trading firms...
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Reference Work Entry In depth
The Le Chatelier Principle of the Capital Market Equilibrium
This paper purports to provide a theoretical underpinning for the problem of the Investment Company Act. The theory or the Le Chatelier Principle is well-known in thermodynamics: The system tends to adjust its...
-
Chapter
The Le Chatelier Principle in the Markowitz Quadratic Programming Investment Model: A Case of World Equity Fund Market
Due to limited numbers of reliable international equity funds, the Markowitz investment model is ideal in constructing an international portfolio. Overinvestment in one or several fast-growing markets can be d...