Conditional performance evaluation compares a fund's returns with the returns of a dynamic strategy that matches the fund's time-varying risk exposures. In this Reserach Foundation Monograph, the authors revisit the main empirical results of the conditional performance evaluation literature using a large, updated sample of mutual funds and expand and refine the treatment of conditioning information.

Conditional Performace Evaluation, Revisited

Wayne E. Ferson

Meijun Qian

Research Foundation of CFA Institute

See the best price to sell, buy, or rent books by Wayne E. Ferson. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Wayne E. Ferson

See the best price to sell, buy, or rent books by Wayne E. Ferson. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Conditional Performace Evaluation, Revisited