treynor index 中文意思是什麼

Using the net assets per capital, the investment return rate, the t - m model, the h - m model, the single factor evaluating model which consists of the treynor index, the jensen index, the sharpe index and the square m index, we evaluate the performance of the twelve mutual funds. and we come to the following conclusions : ( 1 ) after the modification of the risk factor, our mutual funds in the recent one year outguess the market ; ( 2 ) better performance comes from the aid of the government, the improvement of the investment environment and the hard, smart work of the managers especially in the way of selecting some securities in the capital market. ( 3 ) though we make progress, there are still many problems which prevent the further development of our mutual funds such as the devise of the management fee and the characteristics of different funds, all of them divided into the subjective ones and the objective ones

通過使用投資基金單位凈資產和投資收益率指標、單因素整體績效評估模型，包括treynor指數、 jensen指數、 sharpe指數和業績的m ~ 2測度以及t - m 、 h - m模型對12隻樣本基金進行實證研究，實證研究表明： （ 1 ）經過風險調整后，在最近的一年中，我國證券投資基金的業績總體上優於市場基準組合； （ 2 ）基金業績的提高得益於管理層的重視、投資環境的改善和基金經理的經營，而基金經理的良好業績是通過一定的證券選擇來獲得的； （ 3 ）已成為證券市場上舉足輕重力量的基金在發展過程中雖然取得了一定的成績但其進一步發展還面臨著許多問題，有主觀存在的諸如管理費率的設定、基金風格方面的問題等等，也有客觀存在的諸如證券市場現階段的不完善等等，所以，我們應該抓住《證券投資基金法》問世帶給基金業發展的契機，大力促進證券投資基金規范發展，採取各種措施做大、做優和做強基金業。

On the aspect of performance appraisal, western countries has accumulated abundant research outcomes, among which the most famous methods are treynor index, sharpe index and jensen index based on the asset portfolio theorem and capital and asset pricing model

在業績評價這方面，西方國家積累了大量的研究成果，其中最著名的是基於資產組合理論和資本資產定價模型的特雷諾指數、夏普指數和詹深指數等。

In the field of securities investment, earning rate, standard deviation, sharpe index, treynor index and jensen index are five important indexes for assessing fund performance

摘要在證券投資領域中，收益率、標準差、夏普指數、特雷諾指數和詹森指數是評價基金績效的五個重要指標。

This article introduces three foreign " classical " fund performance measurement models, including sharp ratio, treynor ratio and jensen index. based on that, it manages to explore the evaluation method which is suitable for current chinese funds market situation, that is weighted index

本文介紹了國外三大「經典」基金業績評價模型，即夏普業績指數、特雷諾業績指數、以及詹森業績指數，並在此基礎上探索得出適合我國基金市場現狀的業績評價方法? ?加權指數法。

Some of securities investment fund is evaluated by fund rate of return, treynor index, jensen index and sharpe index in this article. there is any conclusion according analyzing evaluation of performance in the article

根據國內的現實情況，採用應用較為廣泛、成熟的基金收益率、特雷諾指數、詹森指數、夏普指數對部分基金進行了評價。

In the beginning, the main appraisal methods are summarized in western countries, which are treynor index, sharpe index and jensen index based on capital and asset pricing model and multi - factors model

首先概括了西方投資基金業績評價的主要方法，建立於capm模型基礎上的特雷諾指數、夏普指數和詹深指數的單指數模型和多因素的業績評價模型。

Follows the property combination choice theory, the capital asset fixed price model and the stock price behavior three big finances theories appearance, forms set of maturer appraisals systems gradually, mainly includes the treynor index, the sharpe index, the jenson difference return to scale

本文運用了andrew的偏廣義矩方法（ partial - gmmmethod ）和montecarlo模擬等方法，檢測在市場有大的轉折前後基金值變動的顯著性。

Through comparing with the advantage and disadvantage of pure earning method ( per net capital, investment earning ratio ) and risk - adjusted method ( jensen index, treynor index, sharpe index, m2, t - m model, h - m model, morning star ). the paper point out the existing problem on the performance measurement of equity investment fund

其次，對證券投資基金績效的評價方法進行綜合性介紹；主要介紹傳統的純收益法（如：基金單位凈資產，基金的投資收益率）和現代的風險調整法（如：詹森指數、特雷利諾指數、夏普指數、 m2指標、 t ? m模型法、 h ? m模型法、晨星法）以及數據包絡分析方法。

Chapter three, the traditional indexes in performance appraisal of investment funds, such as original earning rate, jensen index, sharpe index and treynor index have been studied in comparison. semi - risk adjusted earning rate, m2 measure index and vavoc index etc. are improved performance appraisal indexes, and have been introduced

通過對投資基金績效評價的傳統指標：原始收益率、詹森指數、夏普指數、特雷諾指數的比較研究后，討論了下側風險調整收益率、 m ~ 2測度指數、 vavoc指標等主要的改進指標。

It can make evaluation results more apparent and objective when used to evaluate performance of chinese securities investment funds comprehensively. from three aspects of fund performance, that is risk premium, performance attribution and performance persistence, this paper selects 11 evaluating index, which include sharpe index, treynor index, jenson index and so on. it makes this evaluation system can represent funds ’ performance information completely, afterwards main component analysis is carried out to predigest evaluation outcome to obtain final evaluation result

本文從基金業績的風險收益、業績歸屬、持續性三個方面選取了11個評價基金業績的指標，其中包括夏普指數、特雷諾指數、詹森指數、市場時機選擇系數、股票選擇系數、持續性指標等，使該評價體系能較為全面地代表基金業績的信息，然後通過主成分分析法來簡化評價信息，以獲得最終的綜合評價結果。