# 澳洲硕士论文代写：夏普

Basically, Sharpe ratio represents the amount of excess revenue drawn from volatility of uncertain assets. Additionally, comparison of Sharpe ratio can be conducted in several techniques like contrasting the results with a different one or contrasting Sharpe ration of fund as well as benchmark. Higher Sharpe ratio shows that investing in such a fund will result in huge returns for every given unit. For instance, fund X, Y and stock exchange index have Sharpe ratio of 2.12, 1.9 and 2 accordingly. In other words, fund X has higher revenue compared to Y as well as stock exchange index. Therefore, Sharpe ratio is an important gauge for estimating risk adjusted returns. Nevertheless this ratio employs standard deviation to measure volatility that is not appropriate since its basically inaccurate but a rough estimate