| 释义 |
Performance attribution analysis Performance attribution analysisThe decomposition of a money manager's performance results to explain the reasons why those results were achieved. This analysis seeks to answer questions such as: (1) What were the major sources of added value? (2) Was short-term factor timing statistically significant? (3) Was market timing statistically significant? and (4), was security selection statistically significant?Performance Attribution AnalysisAn analysis of the success or failure of the performance of a money manager's investments. That is, performance attribution analysis investigates the investment decisions a money manager makes with a portfolio or fund, determines what and why investment strategies worked and what did not, and attempts to replicate success and avoid failure in the future. Performance attribution analysis may have an effect on whether the money manager receives a bonus or loses his/her job. See also: Manager Universe (benchmark). |