KPI of the Day: % Administrative expense per gross premium
Definition
Measures the amount of administrative expense as a percentage of the gross premium.
KPI of the Day – Investment: # Information ratio (IR)
Definition
Measures the part of the rate of return attributable to the portfolio manager’s ability to generate excess returns relative to a benchmark.
KPI of the Day – Investment: # Nova/Ursa ratio
Definition
Measures the investor attitudes toward the market, by using the Nova and Ursa funds from the Rydex Fund Group.
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.
