Sharpe Ratios: Risk-Adjusted Glory Can Be Fleeting
Feb 7, 2013
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By James Picerno
Maintaining high Sharpe ratios is tougher than it looks. There seems to be a ceiling that few stocks can break through on a sustainable basis. While Sharpe and other risk metrics might increase your comfort level with a stock or fund in the beginning, you still need to monitor what is driving the return.