I could admittedly do better, and would certainly have
captured more upside from temporary speculation, had I committed myself to the principle that central banks will act strictly to defend the bondholders of the banks they represent, even if it means trespassing into fiscal policy, subordinating public interest, empowering the worst stewards of capital, violating legal restrictions, and inviting long - term instability.
However, both segments have historically
captured more upside in the three months following the bottom of a correction than the market,» wrote Mark Moskowitz on Thursday.
Not exact matches
An
upside capture ratio above 100 indicates the strategy gained
more than a market index in positive monthly return periods.
So, while the H - Shares market didn't
capture as much
upside from China's bull market, it was
more insulated on the way down.
The industrials sector has a higher
upside market
capture ratio to U.S. GDP growth and
more correlation to international markets, so might be a better choice for growth and international exposure.
Specifically, a long / short fund with
more upside market
capture and higher beta could be a nice potential candidate for pairing with the DRS, since the DRS has traditionally been used in a risk - reducing role.
Upside Capture Ratio and Downside Capture Ratio - An upside capture ratio > 100 means that mutual fund gains more than benchmark when the market is goi
Upside Capture Ratio and Downside Capture Ratio - An upside capture ratio > 100 means that mutual fund gains more than benchmark when the market is go
Capture Ratio and Downside
Capture Ratio - An upside capture ratio > 100 means that mutual fund gains more than benchmark when the market is go
Capture Ratio - An
upside capture ratio > 100 means that mutual fund gains more than benchmark when the market is goi
upside capture ratio > 100 means that mutual fund gains more than benchmark when the market is go
capture ratio > 100 means that mutual fund gains
more than benchmark when the market is going up.
More telling is the message from Morningstar's calculation of the fund's
upside and downside
capture ratios.
When the index goes up, the low - risk portfolio goes up
more than its beta says it should, as reflected in the
upside capture of 64 %.
If
capturing the
upside of tax deferral is
more important than the penalty, as I suspect it might be, than maybe being 10 % -20 % over the limit is a better way to go.
An
upside ratio greater than 1.00 means the manager is, on average,
capturing more of the positive returns than the benchmark during these up periods.
Managers seek to have
more upside volatility, that is, a high
upside capture ratio of greater than 1.00, and less downside volatility, a downside
capture ratio of less than 1.00.