ABSTRACT
Schwager, Jack; John Wiley & Sons, 1996 (and other titles by Schwager in References).
On Portfolio Management:
The Journal of Portfolio Management Risk Management 101 (software), Zoologic Inc.
Although this formula is flawed, it will not hinder the reader to know about it and understand it. Believing in it would be quite a different matter, however. The Sharpe Ratio itself is as follows:
SR E sd= =( )1
where E is the expected return I is the risk-free interest rate sd is the standard deviation of returns.
