mik82

kingstongal Wrote:
-------------------------------------------------------
> The information coefficient (IC) basically tells
> you how good the manager is at predicting alpha
> (so a high correlation between predicted and
> actual alpha would indicate a high IC). Breadth
> refers to the number of stocks covered. If you
> increase the universe of stocks covered, you will
> be increasing breadth but not necessarily IC.


Ooooops! My bad, I think I am starting to get totally confused....having an evening off studying today - much needed I'd say!



Edited 2 time(s). Last edit at Wednesday, May 25, 2011 at 02:16PM by kingstongal.