The Skill Analysis module allows users to distinguish manager skill from luck. The module allows for cross-sectional analysis among managers with similar factor exposures and decomposes skill into factor rotation vs. stock selection skill. In so doing, investors can avoid the common mistake of characterizing luck as skill.
Managers typically approach their portfolio from the perspective of a specific style. This creates structural biases that are rewarded and penalized by the market at different points in the cycle. Because of this, there are instances that a manager’s structural bias could result in outperformance or underperformance and be mistaken for stock selection skill. The Skill Analysis Module provides an understanding of whether the manager truly exhibited stock selection skill. This understanding is crucial for investors to make informed manager allocation decisions.
Aapryl’s Skill Analysis module allows users to dissect a manager’s track record to identify different attributes of a manager’s factor profile as well as the derivation of factor and stock selection skill.
Skill Analysis offers you the ability to further slice and dice a Managers by using Aapryl’s Skill Score.
Select a single or multiple Products to compare.
View multiple charts and tables, which provide historical measurements of a Products Skill, and other attributes.
