---
title: Efficiency Metrics in Investments and Trading: A Comprehensive Examination
url: https://www.ml-quant.com/papers/ssrn/4584524/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4584524
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4584524
featured: 2023-09-28
citations: 4
topic: Trading, Microstructure & Execution
---


# Efficiency Metrics in Investments and Trading: A Comprehensive Examination

A study emphasizes the need to measure risk-adjusted returns in investments and trading, highlighting metrics like the Sortino Ratio, Calmar Ratio, and Pareschi Ratio.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4584524
- Identifier: SSRN 4584524
- Released: 2023-09-26
- First featured: Quant Letter No. 17 (2023-09-28): https://www.ml-quant.com/issues/2023-09-28/
- Citations (Semantic Scholar): 4
- Published in: not yet
- Topic: Trading, Microstructure & Execution

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