| 摘要 |
The SkyRank System is a hedge fund rating system that accepts a combination of independent hedge fund characteristics and computes output components that are averaged into one number that defines the overall risk, performance and credibility of hedge funds. The system derives formulas in a unique way to systematically rate multiple hedge funds. The system generates three related ratings from the algorithm: Absolute SkyRank, Lettered SkyRank, and Relative SkyRank. The system includes a computer, database accessible by the computer, and a coded program of interconnected conditional formulas. The SkyRank formulas are connected at pivot points and the pivot points are flexible on a typical x-y axis. Absolute SkyRank is computed based upon any combination of multiple hedge fund characteristics. Lettered SkyRank and Relative SkyRank are related systems computed from Absolute SkyRank which is represented by a number ranging from 0 to 5, 0 as the most desirable and 5 as the least desirable Absolute SkyRank. The Sky Rank System was derived to identify low risk, established hedge funds with attractive risk-return characteristics; hedge funds that are very appropriate for the entire investment community, retail investors and accredited investors alike. The basis of the Sky Rank System is a data process that can be easily adapted to change formulas to accommodate an investor's appetite for various levels of risk, return and credibility, not only for the hedge fund characteristics described here, but for any aspect of a hedge fund that a user finds important.
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