A discussion of techniques for measuring and predicting mutual fund performance. Empirical information is used as an aid in assessing the Treynor index for measuring a fund's performance after the fact or for predicting its performance in the future. An alternative method for measuring mutual fund performance is described.
Sharpe, William F., Mutual Fund Performance: Measurement and Prediction. Santa Monica, CA: RAND Corporation, 1965. https://www.rand.org/pubs/papers/P3096.html.
Sharpe, William F., Mutual Fund Performance: Measurement and Prediction, Santa Monica, Calif.: RAND Corporation, P-3096, 1965. As of January 13, 2022: https://www.rand.org/pubs/papers/P3096.html