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The measures of portfolio performance that involve beta, the ex-post alpha, and reward-to-volatility measures have been criticized because the rely heavily on the
Serratus Anterior
A muscle located on the side of the thorax, which plays a crucial role in the movement of the shoulder blade.
Rectus Abdominis
The rectus abdominis is a long muscle that extends along the front of the abdomen, known for its role in flexing the lumbar spine and helping to create a "six-pack" appearance.
External Oblique
A muscle located on the lateral part of the abdomen, part of the abdominal wall muscles, that aids in rotation and lateral flexion of the torso.
Internal Oblique
A muscle in the abdominal wall that lies below the external oblique and just above the transverse abdominal muscles, functioning to rotate and turn the trunk.
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