Risk-Adjusted Performance: A two-model Approach Application in Amman Stock Exchange


The purpose of the paper is to investigate the risk-adjusted performance of stock portfolios through the application of the Markowitz and single-index models. The monthly closing prices of 115 companies listed in Amman Stock Exchange (ASE) and ASE index over the period (2000-2006) were used. Two elementary developed models will be applied namely; Markowitz… (More)


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