Meaning of PERFORMANCE ATTRIBUTION ANALYSIS in English

PERFORMANCE ATTRIBUTION ANALYSIS

The decomposition of a money manager's performance results to explain the reasons why those results were achieved. This analysis seeks to answer the following questions: (1) What were the major sources of added value? (2) Was short-term factor timing statistically significant? (3) Was market timing statistically significant? And (4), Was security selection statistically significant?

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.