Development of New Performance Measurements considered of Higher Order Moments

我提出了将偏度和峰度合并为一个指标来衡量业绩的新前景比率。这个比率包括行为金融学方法，实证结果与我在Watanabe（2006）中执行的结果几乎相同。研究结果将在国际金融会议上发表，最新论文将发表在《绩效评估期刊》上。在研究期间，我们成功地实现了综合考虑偏度和峰度的单一测量方法。

I indicate New Prospect ratio which considers skewness and kurtosis into one single measure in performance measurement. This ratio includes behavioral finance approach and the empirical results are almost same with the ones that Iexecuted in Watanabe(2006). The results of research are presented in international Finance Conferences and the latest paper will be published in the Journal of Performance Measurement.The final aim to make a single measure considered skewness and kurtosis was successfully accomplished during the research period.