archived_user
New member
- Jun 18, 2026
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I am having trouble trying to understand this formula:
μi= ICσiSi
In the book, it says that it is used to calculate the expected active return formula .But isn’t the expected active return the difference between the return on the portfolio and benchmark? What is this score sensitivity?
μi= ICσiSi
In the book, it says that it is used to calculate the expected active return formula .But isn’t the expected active return the difference between the return on the portfolio and benchmark? What is this score sensitivity?