المؤلف
الملخص
The current research focuses on evaluating the performance of the investment portfolios using a scale of risk adjusted return, according to Sharpe ,Treynor and Jensen, indicators it covers up the period of 2009, and requests to achieve the selection hypothesis Find 116 companies to discuss the contribution as a sample shares are traded on the Amman Stock Exchange by 13 companies representing the banking sector, 10 companies representing the insurance sector, 57 companies representing the service sector, and 36 companies represented the industrial sector.
The research has based on the premise that (Result of measuring the performance of investment portfolios to achieve the best results and access to accurate and objective measurement). The research concludes to many conclusions including:
Most fluctuations in stock prices of companies in the four sectors are not linked to the market, but the resulting from other factors, as well as, the decline in the monthly rates of return reflects on the market portfolio showed a negative value and do not enhance corporate revenue generated additional revenues do not cover the low returns on a regular market.
The research also concludes that the use of risk adjusted return measure of trade-offs between investment portfolios is the best use of risk and return separately. The results of the analysis showed that there are differences in evaluating the performance of investment portfolios, according to indicators of Sharpe, Treynor and Jensen because each indicator focuses on a particular aspect of risk.
الكلمات الرئيسة
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