ratio.information {rportfolio} | R Documentation |
Calculates the information ratio of the portfolio
ratio.information(R1, R2)
R1 |
Returns of the portfolio |
R2 |
Returns of the benchmark portfolio |
The information ratio (IR) is a measurement of portfolio returns beyond the returns of a benchmark, usually an index, compared to the volatility of those returns.
Calculates the information ratio of the portfolio
ratio.information(funds$ret1, funds$rfr)