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Appraisal Ratio |
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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 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| of the property is equal to or less than a reasonable and representative sample of other properties in the appraisal district;(b) the appraisal ratio of the property is equal to or less than the median level of appraisal of a sample of properties in the appraisal district consisting of a reasonable number of other properties |
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