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Soccertom9 Wrote:
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> This is only for real estate right? For
> everything else you have the option of
>
> 1) Equal weighted
> 2) Asset weighted
> 3) high low range
> 4) Intequartile range
> 5) range
Incorrect. You can use any measure you want for regular composites:
"Note that the GIPS standards do not limit firms to using one of the measures of internal dispersion introduced above. A firm may prefer another way of expressing composite dispersion. The method chosen should, however, fairly represent the range of returns for each annual period."
(CFAI, Volume 6, page. 317) |
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