Comparative Evaluation Of Weighting Methods In The Establishment Of Industry Of Private Fund

Since the first private fund established in 2003,the rapid development of this field has occurred in the past 14 years.According to related data about 2016,we can see that the scales of private asset management almost take up half of the whole industry.The rapid development of private fund attracted many concentrations,however most of which focused on the micro level instead of the overalls,which is bad for the sustainable development of the industry.This thesis is based on the background mentioned before and meant to compare the effectiveness of different weighting methods during the industry index compilation about private funds.This thesis mainly divided into three parts:The first part is about the introduction of current weighting methods,including subjective weighting methods,objective weighting methods and combination weighting method.Besides this part also discuss the applicability of different methods.Considering characteristics of research subject and the applicability about different methods,this part proposes objective weighting methods are more suitable to the weighting during the index compilation.The second part is based on factor analysis,principal component analysis and entropy method and use sample data to calculate respectively.The process of each method mainly includes the construction of the index system,data pre-processing,weighting calculating and overall scores.The third part is the evaluation and analysis of the three kinds of empowerment methods.Through the evaluation of the standard distribution consistency,correlation,the degree of dispersion and the internal consistency,finding out the factor analysis method has the highest comprehensive measure value,so it is more scientific for the industry index of private fund.