-equation regression analysis, SEM consists of a system of equations and explicitly takes into account measurement errors of CSR proxies by putting measurement errors and the error term into separate
Direct (Dec 2014), data complied by Research Department of Thai SEC. 24 IOSCO principles related to tracking errors of ETFs. The common ways to detect the ETFs management strategy are tracking error and
frequent mistake accounts in their industry, they can put more attention into these areas to prevent adjustments. Other Current Assets Accounts Payable Accounts Receivable Costs of Goods Sold Selling & Admin
asset pricing regression • For example, 𝑟𝑖 − 𝑟𝑓 = 𝛼𝑖 + 𝛽 𝑟𝑚 − 𝑟𝑓 + 𝜀𝑖 • High R-squared value means market returns explain fund returns very well 2. Tracking error • How different are fund
Wattanatorn and Miss Watsachol Koosamart for comments and suggestions Agenda Introduction The Model : Black and Scholes (1973) Model Wilmott (1994) Model The Analysis of Hedging Error The Data Empirical Result
style can be analyzed through performance-based, holding-based and transaction-based framework. Fund return, correlation, tracking error Portfolio turnover, Transactional data Fund constituent (Name and
should be an improvement for work procedure where there are errors in an operation with record of such error together with preventive measures 1.2 Operation system for fund member registry should comprise
our analyses, which are relative return, tracking error, asset pricing risk factors, holding-based fund beta, and capital flow to fund. Relative return, measured at monthly interval, is computed as the
simulation to the next, we use a bootstrap technique to estimate distributions for Gamma estimates. The standard deviations of these distributions provide estimates of the standard error of our Gamma estimates
than one Satang or at least one Satang or greater, but less than 0.5 percent of the correct unit value, the management company shall prepare and submit a report on the error to the fund supervisor within