标题: Returns based vs Holdings based style analysis [打印本页] 作者: maratikus 时间: 2013-5-3 14:24 标题: Returns based vs Holdings based style analysis
Which picks up style drift quicker?作者: leadcfa 时间: 2013-5-3 14:26
Holdings Based作者: tikfed 时间: 2013-5-3 14:30
holding is easier, quickers
yet harder to get all info, and i dont know..作者: ShooterMcCFA 时间: 2013-5-3 14:32
Holdings Based: Pros - Picks up style drift quicker, can be done at point in time
Cons- need extensive data, may not reflect manager’s investment opinion
Returns Based: Pros- Easily interpreted, ?
Cons- Need to select the right indices or your results are misleading.作者: jcole21 时间: 2013-5-3 14:33
Pros
RBSA
characterizes portfolio
can compare portfolio
same for holdings based except sub. securities for portfolio
cons
RBSA
style drift causes accuracy problems
Holdings based
need more data than RBSA作者: cyber21 时间: 2013-5-3 14:36
HBA detection quicker…
HBA uses multiples, dividend payout, sector to determine value or growth作者: ruchita 时间: 2013-5-3 14:39
