How Long to Read Performance Attribution: History and Progress

By Carl R. Bacon

How Long Does it Take to Read Performance Attribution: History and Progress?

It takes the average reader 1 hour and 10 minutes to read Performance Attribution: History and Progress by Carl R. Bacon

Assuming a reading speed of 250 words per minute. Learn more

Description

The objective of performance attribution is to explain portfolio performance relative to a benchmark, identify the sources of excess return, and relate those sources to active decisions by the portfolio manager. This review charts the development of attribution from its beginning with Fama decomposition in the 1970s, through its foundations in the 1980s, into its issues of multiperiod and multicurrency attribution in the 1990s, and ending on its more detailed models for fixed-income and risk-adjusted attribution in recent years. Types of attribution (including returns based, holdings based, and transaction based) are also discussed as is money-weighted attribution and developments associated with notional funds.

How long is Performance Attribution: History and Progress?

Performance Attribution: History and Progress by Carl R. Bacon is 68 pages long, and a total of 17,544 words.

This makes it 23% the length of the average book. It also has 21% more words than the average book.

How Long Does it Take to Read Performance Attribution: History and Progress Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 35 minutes to read Performance Attribution: History and Progress aloud.

What Reading Level is Performance Attribution: History and Progress?

Performance Attribution: History and Progress is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Performance Attribution: History and Progress?

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