[PDF] Top 20 Investment Funds: Performance using Carhart Model and Data Envelopment Analysis

... de performance dos fundos, apontada pela literatura, alta correlação dos alfas com os retornos reais, baixa correlação dos scores com retornos e mais baixa correlação entre alfas e ...identificando-se ... See full document

... efficiency and sustainability of Construction and Demolition Waste (CDW) management in 30 Member States of the European Economic Area (EEA) (the 28 European Union countries plus Norway and Iceland) ... See full document

... organisational performance evaluation: the DEA and the BSC. Lewin and Minton [49] reviewed the extent to which the components of a contingent behavioural theory of organisational effectiveness can ... See full document

... ethical and conventional funds using an international database containing 103 German, UK and US ethical mutual ...single-factor model (Jensen 1968) and a multi-factor ... See full document

... 2013 and those who have information, sometimes it does not comprehend all types of TB or patients’ ...dynamic analysis of the performance of countries but we believe that the present DEA model ... See full document

... the analysis of Table 8 we see that there is a pronounced negative correlation (- ...0.78 and -0.51 for daily and monthly data, respectively) between selectivity and market timing, ... See full document

... output and input or stabilizing output and reduce inputs Efficiency can be increased health centers ...Nargesi and Avafi reference as Health posts with the highest frequency were ...of data ... See full document

... processes and services. Moreover, DEA provides among analysts and decision makers opportunities of collaboration which has its definition extended, being defined, according to Sherman and Zhu (2006) ... See full document

... constant and variable returns) and descriptive statistics for milk-producing farms in the state of Minas ...the analysis through a DMU that stands out as being an outlier rather than for its true ... See full document

... The EFM provides several possibilities for different solutions due to its flexibility derived from the degrees of freedom (eccentricities) of the model. For this reason, it became interesting to guide the decision ... See full document

... Assim, para se aplicar o método DEA no setor portuário, González & Trujillo (2008) sugerem a segmentação do setor de acordo com uma atividade concreta ou um tipo de carga específic[r] ... See full document

... bank and non bank financial intermediaries and ongoing deregulation all led to substantial changes in nu merous financial ...parametric and non parametric me ...those Data Envelopment ... See full document

... Fraser and Cordina [14] applied DEA to evaluate the technical efficiency of input use for irrigated dairy farms in ...farmers and to identify the efficient ones in citrus production in Spain ...Pakistan ... See full document

... on investment funds in emerging markets by looking at the performance of multimarket funds in Brazil from a manager ...of investment fund managers, as well as their portfolio holdings, ... See full document

... This study presents an alternative method for estimating the efficiency of a parallel production system and the efficiency of its units. Since DEA models implicitly use Production Possibility Set (PPS) to evaluate ... See full document

... some performance indicators of the DMUs which are ranked by descending order of “Efficiency ...D19 and D16 in phase 1 show the best performance with value of ... See full document

... Given the large number of inputs and outputs, this paper advances the idea of using factor analysis to explore common dimensions in the data set.. Such procedure made [r] ... See full document

... operationalized and popularized by Charnes et ...Cooper and Rhodes (CCR) ...DEA and found some characterizations of DEA ...Sueyoshi and Sekitani (2007), Jahanshahloo et al. (2008) and ... See full document

... literature and have appeared as both objects and tools for studies in different areas of science for over 50 years (Shumate and Dirksen, ...created and validated to sim- ulate one or a few ... See full document

... matrix; and X represents input ...methodology and a computer program that implements a robust multi-stage model among other ...DEA model was employed because farmers have more control over ... See full document