Written by Jake Dwyer
Updated over a week ago

Rev. Date May 29, 2019
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​The relative metrics for factor analysis are active factor exposure, active factor risk, and active factor return. These metrics are computed using excess returns over a chosen benchmark rather than the absolute return.
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​This document highlights certain aspects of this feature. As an overview, it does not discuss all material facts or assumptions. Please see Important Disclosure and Disclaimer Information.