Zastosowanie metody DEA w klasyfikacji funduszy inwestycyjnych
Effciency of Mutual Fund and a Data Envelopment Analysis
Author(s): Anna ZamojskaSubject(s): Economy, Financial Markets
Published by: Główny Urząd Statystyczny
Keywords: DEA; Efficiency; Mutual Fund
Summary/Abstract: The paper presents an application of the DEA method to measure the efficiency of equity mutual funds on the Polish capital market. The DEA method is an alternative measure of performance of the funds. The advantage of the DEA is that this particular method does not require any assumption concerning distributions of returns. Results showed that the DEA is a simple and very useful at the same time tool for creating the ranks of funds.
Journal: Przegląd Statystyczny. Statistical Review
- Issue Year: 56/2009
- Issue No: 3-4
- Page Range: 51-66
- Page Count: 16
- Language: Polish