what is the definition of "tracking error" in Asset Management Field?

Written on October 8, 2009 at 3:17 am, by admin

Tracking error is the standard deviation of the portfolio of differences:
Let X be your portfolio; let B be the chosen benchmark.
Then d=X-B is the portfolio of differences (which adds to zero)
then TE=std(d) is the tracking error. If you have a covariance matrix S for your assets, then
TE=((X-B)’S(X-B))^(1/2).

Tracking error “interpretation” is the uncertainty of the excess returns (that is, of the return of the portfolio vs the benchmark’s)

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Management Recruitment Services

Written on March 9, 2010 at 10:26 am, by admin

Esource Global is executive search services for companies seeking human capital solutions,the process begins here. Esource Global HR is premier quality executive search and Management Consulting firm that is committed to performance, quality and results.

Duration : 1 min 34 sec

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Silkin Management Group Client Success

Written on March 9, 2010 at 10:26 am, by admin

See examples of successes of clients of Silkin Management Group.

Duration : 2 min

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Property Management in Seattle

Written on March 9, 2010 at 10:26 am, by admin

Dave Poletti & Associates is a full service Property Management company located in Seattle.

Duration : 1 min 3 sec

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diabetes management solutions 3

Written on March 9, 2010 at 10:26 am, by admin

the diabetes management solutions project is a 30 day experiment into effective diabetes management techniques at the poor diabetic blog.
This is a summary for the end of week 3
you can follow the project at http://thepoordiabetic.com

Duration : 9 min 29 sec

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