Up Percentage Ratio (Proficiency Ratio)

Measures the number of periods that a fund outperformed the benchmark when the benchmark increased, divided by the number of periods that the benchmark return increased. The larger the ratio, the better. This is a proficiency ratio.

Up Percentage Ratio

Investors who are required to select and monitor investment managers should develop a basic understanding of investment statistics. Quantitative tools can provide you with good insight that you can use in your qualitative interviews with managers and when monitoring your investments.