Back|
Back |
|
Composite Statistics
|
|
In addition to performance returns, composite reporting in Advisor View includes analytics and dispersion and risk comparison metrics, including Beta, Excess Return, Gross Return, Information Ratio, Jensen's Alpha, Risk Free Rate, Tracking Error, Standard Deviation, Primary Benchmark Standard Deviation, Secondary Benchmark Standard Deviation, Net Return, Sharpe Ratio, Primary Benchmark Return, Secondary Benchmark Return, and Treynor Ratio.
To view composite statistics:
On the Reports menu, under Composite Reports, click Composite Statistics.
In the Find Data For list, start typing the number or name of the account for which you want to run the report. Click the desired record. The report appears on your screen.
In the Report View list, choose a composite statistics view for the composite. For more information on creating composite statistics views, visit Composite Statistics Views.
Composite statistic views are pre-defined layout snapshots. The report views make it easy to create several customized statistical views that show slightly different information - for example, some users may find it convenient to show deviation information vs the specified benchmark.
To create a composite statistics view:
On the Reports menu, under Composite Reports, click Composite Statistics.
In the Report View list, click <Create New>.
Complete any of the following:
| Setting... | More Information... |
|---|---|
| Report name |
The name you type in this box will appear in the Report View list and is seen by all users who have viewing permissions.
|
| Mark as publicly accessible | Select this check box to allow others to see this report (if they have the appropriate permissions set by your administrator on the User Management page). |
| Annualize returns |
When you select this check box, Advisor View will convert the returns to a rate that reflects the rate on a yearly basis.
|
| Calculate analytic totals using |
Choose whether, at the account level for the calculated analytics, you want to use:
You may want to use the time series option if you want to aggregate data (for example, to see the three year standard deviation) when viewing metrics for composites where the history has been uploaded. |
| Available / Selected columns | Choose the statistics you want to appear on the composite statistics view. You can add Beta, Excess Return, Gross Return, Information Ratio, Jensen's Alpha, Risk Free Rate, Tracking Error, Standard Deviation, Primary Benchmark Standard Deviation, Secondary Benchmark Standard Deviation, Net Return, Sharpe Ratio, Primary Benchmark Return, Secondary Benchmark Return, and Treynor Ratio. |
When finished, click Create. You can repeat these steps for each composite statistics view you want to create.
To delete a composite statistics view:
On the Reports menu, under Composite Reports, click Composite Statistics.
In the Report View list, choose the view you want to delete.
Click Delete.
To edit a composite statistics view:
On the Reports menu, under Composite Reports, click Composite Statistics.
In the Report View list, choose the view you want to edit.
Click Edit.
| Ratio | Comparison index |
|---|---|
| Beta | Primary benchmark |
| Information ratio | Primary benchmark |
| Jensen’s Alpha | Risk free rate, primary benchmark |
| Tracking error | Primary benchmark |
| Treynor ratio | Risk free rate, beta (primary benchmark inferred) |
| Excess return | Primary benchmark |
| Sharpe ratio | Risk free rate |
| Covariance | Primary benchmark |
| Upside/Downside capture ratio | Primary benchmark |
| R-squared | Primary benchmark |
