Performance Evaluation and Prediction – Part 2

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We present part 2 of “Chapter 22: Performance Evaluation and Prediction” from Trading & Exchanges.In this chapter, we consider how to measure past performance and how to predict future performance. We shall see why predictions based only on past performance generally are quite unreliable. We can predict performance better using other information.

Larry Harris, Ph.D., U.S. Securities and Exchange Commission

Performance Evaluation and Prediction - Part 2

We present part 2 of “Chapter 22: Performance Evaluation and Prediction” from Trading & Exchanges by Larry Harris. In this chapter, we consider how to measure past performance and how to predict future performance. The two questions are closely related. Most people measure past performance primarily because they want to predict future performance. We shall see why predictions based only on past performance generally are quite unreliable. We can predict performance better using other information.

Larry Harris, Ph.D., U.S. Securities and Exchange Commission

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