A Case for Arithmetic Attribution
$25
In the ongoing debate over the use of Arithmetic versus Geometric attribution methods, Mark David believes that short shrift has been given to the Arithmetic view. Separating the concept of Management Effect from that of a full performance attribution methodology, he conducts a thorough, point-by-point evaluation of both in light of recent contributions to the discussion.
Author: Mark R. David, CFA, Essex River Analytics
In the ongoing debate over the use of Arithmetic versus Geometric attribution methods, Mark David believes that short shrift has been given to the Arithmetic view. Separating the concept of Management Effect from that of a full performance attribution methodology, he conducts a thorough, point-by-point evaluation of both in light of recent contributions to the discussion.
A Case for Arithmetic Attribution
