Understand how each metric measures performance, risk, and consistency.
Active Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Active Risk meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Alpha meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Annualized Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Average Drawdown meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Average Monthly Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Batting Average meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Best Month Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Best Quarter Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Best Rolling 1Y Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Best Rolling 5Y Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Best Year Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Beta meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Beta-Adjusted Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
CAGR (Compound Annual Growth Rate) meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Calendar Year Returns meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Calmar Ratio meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Cash Exposure meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Conditional VaR (Expected Shortfall) meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Consistency Score meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Correlation to Benchmark meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Down Capture Ratio meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Downside Deviation meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Drawdown Duration meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Drawdown Frequency meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Expectancy meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Gain-to-Pain Ratio meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Hit Rate meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Information Ratio meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Kurtosis meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Max Consecutive Losses meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Max Drawdown meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Median Monthly Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Median Rolling 3Y Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Negative Months meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Net-of-Fees Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Omega Ratio meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Portfolio Turnover meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Positive Months meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Profit Factor meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
R-squared meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Return Dispersion meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Rolling 1-Year Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Rolling 3-Year Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Rolling 5-Year Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Rolling Drawdowns meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Rolling Sharpe meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Rolling Volatility meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Sector Concentration meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Sharpe Ratio meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Skewness meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Sortino Ratio meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Tail Risk Score meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Time to Recovery meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Top-10 Concentration meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Total Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Tracking Error meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Treynor Ratio meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Ulcer Index meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Up Capture Ratio meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Value at Risk (VaR) meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Volatility (Standard Deviation) meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Win/Loss Ratio meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Worst Month Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Worst Quarter Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Worst Rolling 1Y Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Worst Rolling 3Y Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Worst Rolling 5Y Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
Worst Year Return meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.
XIRR (Money-Weighted Return) meaning for PMS schemes, definition, interpretation, pitfalls, and how to use it in scheme comparisons.