Calmar ratio (or Drawdown ratio) is a performance measurement used to evaluate Commodity Trading Advisors and hedge funds. It was created by Terry W. Young and first published in 1991 in the trade journal Futures. Young owned California Managed Accounts, a firm in Santa Ynez, California, which managed client funds and published the newsletter CMA Reports. The name of his ratio "Calmar" is an acronym of his company's name and its newsletter: CALifornia Managed Accounts Reports. Young defined it thus: The Calmar ratio uses a slightly modified Sterling ratio – average annual rate of return for the last 36 months divided by the maximum drawdown for the last 36 months – and calculates it on a monthly basis, instead of the Sterling ratio's yearly basis. Young believed the Calmar ratio was superior because The Calmar ratio changes gradually and serves to smooth out the overachievement and underachievement periods of a CTA's performance more readily than either the Sterling or Sharpe ratios. It should be mentioned that a competitor newsletter, Managed Account Reports (founded in 1979 by publisher Leon Rose), had previously defined and popularized another performance measurement, the MAR Ratio, equal to the compound annual return from inception, divided by the maximum drawdown from inception. Although the Calmar ratio and MAR ratio are sometimes assumed to be identical, they are in fact different: Calmar ratio uses 36 months of performance data, whereas MAR ratio uses all performance data from inception onwards. Later versions of the Calmar ratio introduce the risk free rate into the numerator to create a Sharpe type ratio. (Wikipedia).
This video introduces the Golden ratio and provides several examples of where the Golden ratio appears. http:mathispower4u.com
From playlist Mathematics General Interest
This video defines a ratio and provides several examples on how to write a ratio and shows how to simplify a ratio. http://mathispower4u.wordpress.com/
From playlist Ratios and Rates
Now You Too Can Break Concrete With Only An Inch Of Clearance
#Outrageous_Acts | Wednesdays at 9/8c A Danish man is a master at breaking concrete blocks using just one hand. Full Episodes Streaming FREE on Science GO: https://www.sciencechannelgo.com/outrageous-acts-of-science/ More Outrageous Acts! http://www.sciencechannel.com/tv-shows/outrageous-
From playlist Outrageous Acts of Science
Evolution of the quantum wavefunction during measurement: From quantum jumps to feedback - R Vijay
DISCUSSION MEETING : ADVANCES IN GRAPHENE, MAJORANA FERMIONS, QUANTUM COMPUTATION DATES Wednesday 19 Dec, 2012 - Friday 21 Dec, 2012 VENUE Auditorium, New Physical Sciences Building, IISc Quantum computation is one of the most fundamental and important research topics today, from both th
From playlist Advances in Graphene, Majorana fermions, Quantum computation
Khintchine-type theorems for values of homogeneous polynomials....(Lecture 2) by Dmitry Kleinbock
PROGRAM SMOOTH AND HOMOGENEOUS DYNAMICS ORGANIZERS: Anish Ghosh, Stefano Luzzatto and Marcelo Viana DATE: 23 September 2019 to 04 October 2019 VENUE: Ramanujan Lecture Hall, ICTS Bangalore Ergodic theory has its origins in the the work of L. Boltzmann on the kinetic theory of gases.
From playlist Smooth And Homogeneous Dynamics
Ratios Introduction - what are ratios?
Ratios are used to compare different quantities. In this introduction to ratios we will look at what ratios are, how we deal with ratios of different measurement units and that ratios can be simplified. To donate to the tecmath channel:https://paypal.me/tecmath To support tecmath on Pa
From playlist Ratios
👉 Learn how to define angle relationships. Knowledge of the relationships between angles can help in determining the value of a given angle. The various angle relationships include: vertical angles, adjacent angles, complementary angles, supplementary angles, linear pairs, etc. Vertical a
From playlist Angle Relationships
This is a short video tutorial on unit ratios...also called unit rates. For interactive applets, worksheets, and more videos go to http://www.mathvillage.info
From playlist All about ratios and proportions
Liquidity Ratios - Current Ratio and Quick Ratio (Acid Test Ratio)
This finance video tutorial provides a basic introduction into two liquidity ratios - the current ratio and the quick ratio also known as the acid test ratio. The current ratio is equal to the current assets divided by the current liabilities. A current ratio that is greater than 1 means
From playlist Stocks and Bonds
Statistics: Ch 7 Sample Variability (3 of 14) The Inference of the Sample Distribution
Visit http://ilectureonline.com for more math and science lectures! To donate: http://www.ilectureonline.com/donate https://www.patreon.com/user?u=3236071 We will learn if the number of samples is greater than or equal to 25 then: 1) the distribution of the sample means is a normal distr
From playlist STATISTICS CH 7 SAMPLE VARIABILILTY
This video explains how to use fundamental analysis to determine if a company may be undervalued or overvalued by using valuation ratios such as the price to book ratio, price to sales, & price to earnings ratio. It also explains how to determine if a company may go bankrupt using the deb
From playlist Stocks and Bonds
Managerial Accounting by Dr. Varadraj Bapat,Department of Management,IIT Bombay.For more details on NPTEL visit http://nptel.ac.in
From playlist IIT Bombay: Managerial Accounting | CosmoLearning.org Accounting
Combining Ratios & Three Part Ratios (Part 2) | Grade 5+ Series | GCSE Maths Tutor
A video revising the techniques and strategies for combining 3 part ratios (Part 2) - Higher and Foundation. This video is part of the Ratio & Proportion module in GCSE maths, see my other videos below to continue with the series. Revision videos: The Entire GCSE in Only 2 Hours!! Highe
From playlist GCSE Maths Videos
Ratio and Proportion - Exam Questions (harder - higher tier)
GCSE ratio maths exam question practice taken from past papers and practice papers. This video is suitable for Higher tier only. See https://youtu.be/dHMm15qUll8 for more mensuration questions that appear on both Higher and Foundation tier papers. Keywords: ratio, unitary method Help rev
From playlist OCR Higher Paper 4 - Advance Information and Additional Resources- GCSE Maths May 20 2022
Sharing into a Ratio | Revision for Maths GCSE and IGCSE
I want to help you achieve the grades you (and I) know you are capable of; these grades are the stepping stone to your future. Even if you don't want to study science or maths further, the grades you get now will open doors in the future. Tutoring - We can match you with an experienced t
From playlist Edexcel GCSE Maths Revision
Understanding, Simplifying & Combining Ratios
"Understand, simplify and combine ratios, or work out quantities of items needed to obtain a given ratio."
From playlist Number: Ratio & Proportion
Mod-07 Lec-18 Financial Statements Analysis - Dabur India Case
Managerial Accounting by Dr. Varadraj Bapat,Department of Management,IIT Bombay.For more details on NPTEL visit http://nptel.ac.in
From playlist IIT Bombay: Managerial Accounting | CosmoLearning.org Accounting
Determining values of a variable at a particular percentile in a normal distribution
From playlist Unit 2: Normal Distributions