Table 4 Risk-Adjusted Performance Evaluation
From: Performance of Islamic and conventional stock indices: empirical evidence from an emerging economy
Index Name | Sharpe Ratio | Treynor Ratio | Jensen’s Alpha | MM |
|---|---|---|---|---|
Conventional index (KSE-100) | 0.00694 | 0.00076 | 0.0156 | 0.0387 |
Islamic Index (KMI-30) | 0.00401 | 0.00002 | 0.0032 | 0.0532 |