Different formulas for Information Ratio
I have noticed that there are two formulas for the Information Ratio.
The 1st from topic 2.5 = (E(Rp) - Rbenchmark) / Tracking Error Porfolio
The 2nd from topic 4.5 = Information Coefficient * Breath^(1/2)++
Are this formula equivalent? Do they calculate the same value if we are given the correct inputs?
Thanks for your help