Sortino ratio

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Revision as of 18:25, 28 January 2014 by en>Walter89 (extreme of the integral was wrong. It is T not t)
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29 yr old Orthopaedic Surgeon Grippo from Saint-Paul, spends time with interests including model railways, top property developers in singapore developers in singapore and dolls. Finished a cruise ship experience that included passing by Runic Stones and Church. In functional analysis and ring theory, an approximate identity is a net in a Banach algebra or ring (possibly without an identity) that acts as a substitute for an identity element.

More precisely, a right approximate identity in a Banach algebra, A, is a net (or a sequence)

such that for every element, a, of A, the net (or sequence)

has limit a.

Similarly, a left approximate identity is a net

such that for every element, a, of A, the net (or sequence)

has limit a.

An approximate identity is a right approximate identity which is also a left approximate identity.

For C*-algebras, a right (or left) approximate identity is the same as an approximate identity. Every C*-algebra has an approximate identity of positive elements of norm ≤ 1; indeed, the net of all positive elements of norm ≤ 1; in A with its natural order always suffices. This is called the canonical approximate identity of a C*-algebra. Approximate identities of C*-algebras are not unique. For example, for compact operators acting on a Hilbert space, the net consisting of finite rank projections would be another approximate identity.

An approximate identity in a convolution algebra plays the same role as a sequence of function approximations to the Dirac delta function (which is the identity element for convolution). For example the Fejér kernels of Fourier series theory give rise to an approximate identity.

Ring theory

In ring theory an approximate identity is defined in a similar way, except that the ring is given the discrete topology so that a=aeλ for some λ.

A module over a ring with approximate identity is called non-degenerate if for every m in the module there is some λ with m=meλ.

See also

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