easy · FRM Part 2 Risk & Investment Management
Formula-and-meaning check before application in Risk & Investment Management.
Within Risk & Investment Mgmt — Performance Measurement, which statement correctly describes Allocation effect?
- attribution from choosing securities that outperform or underperform within a segment
- attribution from overweighting or underweighting market segments relative to a benchmark
- standard deviation of active return relative to a benchmark
- active return divided by tracking error
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