The example provides seperate info for Return-based and Holdings-based. The solution re Return-based says ‘Any performance difference between this portfolio and the market benchmark can likely be attributed to the slight tilts toward Value and Small stocks’. Style fit=99.5%.
I don’t see any information in the Return-based style analysis refering to Small stocks (only Value and Growth). Does this conclusion combine the info on Holdings-based? I thought it should only use information on Return-based.
Thanks.
I don’t see any information in the Return-based style analysis refering to Small stocks (only Value and Growth). Does this conclusion combine the info on Holdings-based? I thought it should only use information on Return-based.
Thanks.