KPI of the Day – Investment: # Calmar ratio
Definition
Measures the relationship between return relative to drawdown (downside) risk in a hedge fund.
KPI of the Day – Investment: # Appraisal ratio
Definition
Measures the amount of risk a fund manager takes, based on the selected stocks, by comparing the fund’s adjusted return, assuming the market return is zero, to the portfolio’s unsystematic risk.
KPI of the Day – Investment: $ Firm exposure
Definition
Measures the amount an underwriter will need to cover in the event that a sufficient number of investors do not commit to the deal or transaction.
KPI of the Day – Investment: % On-time trade settlement rate
Definition
Measures the percentage of trades to be settled on a particular day (day T+3).
KPI of the Day – Investment: % Expense ratio (ER)
Definition
Measures the percentage of a mutual fund’s average net assets that is used to cover the managing and other operating costs.
