It is relatively clear how to assess whether a particular stock investment did well. There is a purchase price and a sale price. This gives an exact return by which to measure performance. Looking at ...

Active exposure is defined as the portfolio factor exposure minus the benchmark factor exposure. Factor percentage exposure is defined as the active exposure of one factor divided by the sum of all ...

Attribution analysis evaluates a portfolio's performance, focusing on a manager's investment choices, style, and market timing. Known as return or performance attribution, it identifies the sources of ...