In this study, the statistical powers of Kolmogorov-Smimov two-sample (KS-2) and Wald Wolfowitz (WW) tests, non-parametric tests used in testing data from two independent samples, have been compared in terms of fi...
Non-normality in asset returns is now a common feature of financial markets. However, many practitioners as well as investors do still refer to classic risk adjusted performance measures to assess their investment. Fo...
As the representative of mature investors, security analysts' recommendations are guidance for most investors, However, a great deal of studies nearly draws the consistent conclusion, i.e. they are not as smart as we...