Použití specifických metod měření ke komparaci ekonomických ukazatelů akciových fondů
Use Specific Methods of Measuring for Comparison of Economic Indicators of Equity Funds

Summary/Abstract: In the article there is tested the usefulness of specific methods of measuring of economic indicators at five equity funds, which are operating on the Czech market, and are among the most important on our market. Portfolio performance measurement was performed using Sharp’s index, Treynor’s index and Jenson’s method. Specific methods of measuring for three of the five monitored funds correspond to the actual development of profitability and risk. In these companies justified usability of used indicators appears. In the two remaining funds the analyzed identifiers show extreme values and it can be assumed that these extreme results are due to the insufficient dependence of identifier expressed by correlation coefficient on market developments. Finally, it can be stated that specific methods of measuring economic indicators of equity funds can be used for investment decisions but first it must be determined to which market index the fund return is correlated.

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