Just look at realized active risk and returns? Not sure how it is different than the formula for regular IR…
(IC)*(TC)*Sqt(BR) = IR
this is for a constrained portfolio I assume. So if I’m asked ex post IR it’s this formula?
Just look at realized active risk and returns? Not sure how it is different than the formula for regular IR…
(IC)*(TC)*Sqt(BR) = IR
this is for a constrained portfolio I assume. So if I’m asked ex post IR it’s this formula?