Appraisal ratio

Appraisal ratio

The signal-to-noise ratio of an analyst's forecasts. The ratio of alpha to residual standard deviation.

Appraisal Ratio

A measure of a fund or portfolio's performance calculated by taking its alpha (a measure of the fund's return, assuming the market return is zero) and dividing by its unsystemic risk or standard deviation. Generally speaking, money managers use the appraisal ratio to measure the fund's performance relative to some benchmark. They may change the composition of funds and portfolios with suboptimal appraisal ratios.
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The Company must ensure that the minimum standards of the Georgia Department of Revenue are met each year as it pertains to compliance with all required assessment studies (maintaining market level and uniformity) and mass appraisal ratio analysis; except when compliance with State or local legislation may prohibit it etc.
He presents the weighted repeat sales method and sale price appraisal ratio (SPAR) method for constructing house price indexes in the Netherlands; explains the factors affecting development of house prices and a house price model; and discusses supply, the relationship between house prices and the business cycle, and economic growth and price quality.
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