The Sharpe Ratio

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  • Опубликовано: 1 дек 2024

Комментарии • 60

  • @patricialim6816
    @patricialim6816 5 лет назад +67

    Probably the most simple explanation of this investment formula. Everyone else out there makes it sound like calculus... thank you!

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    @nowfeleusuf2294 5 лет назад +14

    You are the best finance teacher ever. I only see your video ONCE and I get it all.

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    @dontwannabefound Год назад +2

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    @Alice-gl6um 5 лет назад +8

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  • @CheetoCheetah77
    @CheetoCheetah77 6 лет назад +19

    Just passed my finance final because of you. Thank you!

  • @danielseraphin9982
    @danielseraphin9982 2 года назад +2

    This guy really hits the nail on the head with most of his videos. Salut you sir.

  • @InvestOrama
    @InvestOrama 3 года назад +2

    What an amazing channel! So much teaching available for free (except a few seconds of our time spent watching ads)

    • @Edspira
      @Edspira  3 года назад +1

      Glad you enjoy it!

    • @InvestOrama
      @InvestOrama 3 года назад

      @@Edspira Sure did! And it's inspiring my own course on alternative investments

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      @sportingdirector1 Месяц назад

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  • @allisonfabian7798
    @allisonfabian7798 4 года назад +32

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      @vincentbrown6818 4 года назад +7

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      @horsefallaron9009 4 года назад +2

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    • @mariahclaire1256
      @mariahclaire1256 4 года назад +5

      Well explained video sir.

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      @beckymilton2029 4 года назад +2

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      @red-xe2xw 4 года назад +1

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  • @vapa5761
    @vapa5761 5 лет назад

    Dude, your videos are golden, glad that i came across your channel

  • @ethans7917
    @ethans7917 5 лет назад +6

    I’m still in high school but I just find finance so interesting! Thank you for ur explanation

  • @joshuafancher3111
    @joshuafancher3111 6 лет назад +3

    Thank you. Thoroughly explained.

  • @kasbiia
    @kasbiia 6 лет назад

    your videos have been so helpful over the semesters thank you so much!

  • @kaiguo3907
    @kaiguo3907 6 лет назад +2

    Thank you for sharing such a helpful interpretation of sharp ratio, I am so excited to see more videos from you.

  • @Tiberius_Gracchus
    @Tiberius_Gracchus 4 года назад

    Great video, you are a gifted teacher, keep up the good work!

  • @AlaraDincYT
    @AlaraDincYT 3 года назад

    as always... an amazing video! thank you

  • @grodrigues3
    @grodrigues3 4 месяца назад

    Didn't watch the video on efficient portfolio's but based on the graph, it looks like the purple part is efficient because taking on more risk yields BETTER reward and and the yellow part is where taking on more risk yields WORSE rewards. Does the yellow section all have a negative sharpe ratio?

  • @luca9961
    @luca9961 2 месяца назад

    But if at the denominator we have the standard deviation, doesn't the Sharpe ratio penalizes the upward volatility as well ? Which is not desirable? Or it is based upon all volatility will imply sooner or later the same in the oposite direction, hence it's bad ?

  • @joannaortiz9015
    @joannaortiz9015 3 года назад

    I understand it now! Thank you!!!

  • @megawarpig3401
    @megawarpig3401 11 месяцев назад

    So the portfolio of risky assets tangent to the CML has the highest Sharpe Ratio. But all the portfolio on the CML have the same Sharpe Ratio, since the slope of the CML is the Sharpe Ratio, correct?
    And the points on the CML can be obtained by a combination of the risk-free asset and the tangent portfolio of risky assets, right?

  • @irinascott2941
    @irinascott2941 2 года назад

    Is market portfolio the same as tangency portfolio? Plz reply I have an exam on Monday

  • @irinascott2941
    @irinascott2941 2 года назад

    So how do u calculate the market portfolio?

  • @hazirahashim1904
    @hazirahashim1904 4 года назад +2

    volatility does not equal risk. volatility is how much the data disperses from the expected value. risk is the probability that the investor deviates from their expected return. Variance measures volatility & not risk. One of the measures of risk is Standard Deviation.

  • @wolfgangi
    @wolfgangi 5 лет назад +1

    what do we mean by underperform in this context? My understanding of the written definition is that how many SD (risk) the portfolio must decrease in order to achieve the most optimal portfolio ( the portfolio tangent to the CML) ?? Is this the correct understanding???

    • @milzijex7340
      @milzijex7340 4 года назад

      Wolfgang Icarus, No - in his example if portfolio falls by 0.5 sd then it will underperform the risk free rate

  • @douglashurd4356
    @douglashurd4356 3 года назад

    How can the dividend yield rate be included in the calculation?
    Is it reasonable to say S = (rtn + div yield - risk free) / stddev(rtn) ???

  • @Discovery_and_Change
    @Discovery_and_Change Год назад

    Where do we find the volatility of an ETF?
    What's it called? Is it labeled as 'volatility' or 'beta' ?

  • @adokoka
    @adokoka 4 года назад

    Very clear explanation. Could you please make a video on the sortino ratio? Many thanks in advance!

  • @the_freedom_quest
    @the_freedom_quest 2 года назад

    Thank you so much

    • @Edspira
      @Edspira  2 года назад

      You're most welcome

  • @lukashuber389
    @lukashuber389 3 года назад

    great video!!

  • @horangi1609
    @horangi1609 2 года назад

    Hii is this the same as the market price of risk?

  • @juanochoa3972
    @juanochoa3972 4 года назад

    Thank you so much for the explanation. Do you have an excel sheet as an example. With daily data?. Rgds and thanks!

  • @coachgeflores
    @coachgeflores 3 года назад

    Very informative video. Are you using Geometric or Arithmetic Rates of Return and Standard Deviations?

  • @Kirmo13
    @Kirmo13 6 месяцев назад +1

    why is volatility equal to risk?

  • @samandrews8076
    @samandrews8076 4 месяца назад

    what if the portfolio is a short portfolio?

  • @Rushmanism
    @Rushmanism 3 года назад

    Great video - Can anyone tell me why my best-performing stock has the worst sharpe ratio at-52% ( this is based on just 1 stock and its SD and ER not a portfolio).

  • @maxmudbekmurodov6938
    @maxmudbekmurodov6938 5 лет назад

    The most comprehensive video on youtube) would be even better if you include some specific examples ! Thank you anyway)

  • @Jupiter1423
    @Jupiter1423 2 года назад

    Never agreed with the cml being the portfolio of rationality. As warren buffet said - divsersification is for people who dont know how to invest. Thered nothing irrational about taking on more risk if you can manage it... hedging comes big into this.

  • @rayne5368
    @rayne5368 3 месяца назад

    But sharpe ratio changes all the time, and no one can predict whether a fund will perform better in the long run.

  • @Blank-yc9hm
    @Blank-yc9hm 4 года назад

    risk free investion means less risk

  • @Bydr-ei5nw
    @Bydr-ei5nw 3 года назад

    Basically a finance-ish z score...

  • @nickhurley2472
    @nickhurley2472 3 года назад

    Where is the factor for standard of living? Yea, didn't think so...

  • @xv0047
    @xv0047 10 дней назад

    but you never explained that r_p and r_f is