Active return calculation doesn’t contain active weights, but active risk calculation does, right?
Pretty sure it’s used for both.
I’m studying from Wiley and found it bizarre to come across such examples
How to calculate Information coefficient? (Without access to the function in exam)
I think IC = 2(% correct) -1
Is that it?
you are spot on
Means?
Are you referring to geometric or harmonic?
don’t forget arithmetic! Lol
Not funny at all.