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The basic advantage of Sharpe measure is that it provides additional returns per unit of total risk (both systematic and un-systematic) for a security/index.
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What can't be denied is that this feeling is real, and backed by the data both systematic and anecdotal.
The Treynor ratio takes into consideration only systematic risk (beta), whereas Sharpe ratio incorporates both systematic and unsystematic risks.
The error term may have both systematic and random components.
The use of workflows in the analysis of large-scale genomic data provides a systematic and un-biased mechanism for hypothesis generation [ 51].
Five patients (11.4%) underwent systematic aortic lymphadenectomy and one (2.3%) underwent both systematic pelvic and aortic lymphadenectomies.
Its wide field of view is useful for the discovery, the systematic survey and for the tracking of both catalogued and un-catalogued objects.
Both uniform (systematic) and non-uniform (not systematic) DIF by age and sex were examined.
Ultimately, he says, it is the commitment to systematic analysis and systematic investment that distinguishes Bridgewater from other hedge funds.
The problem is both cultural and systematic.
Accuracy includes both random and systematic errors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com