appraisal ratio
A ratio which compares the value of alpha to residual standard deviation, and is designed to show how good fund managers are at picking investments. It compares the return on the investments chosen by fund managers to the risk associated with the investments chosen. A high appraisal ratio means that the managers did a good job at picking which investments to hold.
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appraisal ratio is ...
... part of the Mutual Funds and Technical Analysis subjects.
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