Graham-Harvey Measure 2

Graham-Harvey Measure 2

Measure of performance propounded by Campbell Harvey and John Graham. Concept is based on leveraging the S&P 500 based portfolio to perfectly match the volatility that exists in the fund. The performance measure is the difference between the return achieved by the fund and that of the levered S&P 500.

Related posts:

1. Graham-Harvey Measure 1
2. Internal Measure
3. David Harvey Gives His Marxist View on the Financial Crisis
4. APV- Adjusted Present Value
5. Performance Evaluation