![\"\"](\"https:\/\/\\\/\\\/new-fmhwbzh6ghd9hede.swedencentral-01.azurewebsites.net\/wp-content\/uploads\/2024\/07\/Picture-419-Attribution-Analysis.png\")
<\/figure>\n\n\n\nThe Attribution Analysis<\/strong> report gives Quantpedia Pro users the ability to understand why a Model portfolio\u2019s performance differed from the Benchmark. The report uses the industry standard Brinson & Fachler (1986) method to split active returns due to active management into Security Selection<\/strong> \u2013 return achieved through selecting different securities than the Benchmark, and Asset Allocation<\/strong> \u2013 return achieved through weighting asset classes in a portfolio differently than the Benchmark. We calculate Asset Allocation and Security Selection on a monthly granularity and then use the proprietary smoothing algorithm to translate single-period results into a multi-period setting. At the moment, we split the Benchmark and Model Portfolio into equity-like<\/strong> and non-equity<\/strong> portions, but as time progresses, we plan to gradually implement division into the more granular asset classes.<\/p>\n\n\n\n Secondly<\/strong>, we would like to reiterate Quantpedia\u2019s cooperation with our partner QuantInsti<\/a>, equips you with essential skills in Algorithmic Trading, providing comprehensive knowledge from industry experts and hands-on experience in backtesting and trading using institutional-grade technological tools.<\/p>\n\n\n\n QuantInsti now offers Exclusive Limited-Time Offers for Quantpedia Readers<\/strong> -> For the next 5 days (until July 16, 2024), take advantage of these exclusive benefits:<\/strong><\/p>\n\n\n\n A\/ 55% discount on two collaborative courses <\/strong>with Quantra by QuantInsti:<\/p>\n\n\n\n Use code QP55 during registration to avail of this discount <\/p>\n\n\n\n B\/<\/strong> 10% Discount (up to USD 800) on EPAT Standard Fees <\/strong><\/p>\n\n\n\n Read More and Register Today!<\/a> Use code QP55 for all discounts. Don’t miss out on these exclusive benefits!<\/p>\n\n\n\n And as usual, let\u2019s also quickly recapitulate Quantpedia Premium<\/strong><\/a> development:<\/p>\n\n\n\n Additionally, 5 new research articles were published on the Quantpedia blog<\/a> in the previous month:<\/p>\n\n\n\n How to Construct a Long-Only Multifactor Credit Portfolio?<\/a><\/strong> A Few Thoughts on Pragmatic Asset Allocation<\/a><\/strong> The Art of Financial Illusion: How to Use Martingale Betting Systems to Fool People<\/a><\/strong> Oh My! I Bought A Wrong Stock! \u2013 Investigation of Lead-Lag Effect in Easily-Mistyped Tickers<\/a><\/strong> Quantpedia Composite Seasonality in MesoSim<\/a><\/strong> Yours \u2026<\/p>\n\n\n\n Radovan Vojtko Are you looking for more strategies to read about? Sign up for our newsletter<\/a> or visit our Blog<\/a> or Screener<\/a><\/strong>.<\/p>\n\n\n\n Do you want to learn more about Quantpedia Premium service? Check how Quantpedia works<\/a>, our mission<\/a> and Premium pricing offer<\/a>.<\/strong><\/p>\n\n\n\n Do you want to learn more about Quantpedia Pro service? Check its description<\/a>, watch videos<\/a>, review reporting capabilities<\/a> and visit our pricing offer<\/a>.<\/strong><\/p>\n\n\n\n Are you looking for historical data or backtesting platforms? Check our list of Algo Trading Discounts<\/a><\/strong>.<\/p>\n\n\n\n Would you like free access to our services<\/a>? Then, open an account with Lightspeed<\/a> and enjoy one year of Quantpedia Premium at no cost.<\/strong><\/p>\n\n\n\n Or follow us on:<\/strong><\/p>\n\n\n\n Facebook Group<\/a>, Facebook Page<\/a>, Twitter<\/a>, Linkedin<\/a>, Medium<\/a> or Youtube<\/a><\/strong><\/p>","protected":false},"excerpt":{"rendered":" Hello all,<\/p>\n What have we accomplished in the last month?<\/p>\n \u2013 A new Attribution Analysis report for Quantpedia Pro clients
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Author<\/strong>: Joris Blonk and Philip Messow
Title<\/strong>: How to Construct a Long-Only Multifactor Credit Portfolio?<\/p>\n\n\n\n
Author:<\/strong> Radovan Vojtko
Title:<\/strong> A Few Thoughts on Pragmatic Asset Allocation<\/p>\n\n\n\n
Authors:<\/strong> Carlo Zarattini and Andrew Aziz
Title:<\/strong> The Art of Financial Illusion: How to Use Martingale Betting Systems to Fool People<\/p>\n\n\n\n
Authors:<\/strong> Cyril Dujava
Title:<\/strong> Oh My! I Bought A Wrong Stock! \u2013 Investigation of Lead-Lag Effect in Easily-Mistyped Tickers<\/p>\n\n\n\n
Authors:<\/strong> Vojtko, Kiss, Pauchlyova
Title:<\/strong> Quantpedia Composite Seasonality in MesoSim<\/p>\n\n\n\n
CEO & Head of Research<\/p>\n\n\n\n
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\n– An exclusive promo from QuantInsti
\n\u2013 11 new Quantpedia Premium<\/strong><\/a> strategies have been added to our database
\n\u2013 8 new related research papers have been included in existing Premium strategies during the last month
\n\u2013 Additionally, we have produced 7 new backtests written in QuantConnect<\/strong><\/a> code
\n\u2013 5 new blog posts that you may find interesting have been published on our Quantpedia blog<\/strong><\/a> in the previous month<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34711","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/vvv.quantpedia.com\/es\/wp-json\/wp\/v2\/posts\/34711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vvv.quantpedia.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vvv.quantpedia.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vvv.quantpedia.com\/es\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/vvv.quantpedia.com\/es\/wp-json\/wp\/v2\/comments?post=34711"}],"version-history":[{"count":0,"href":"https:\/\/vvv.quantpedia.com\/es\/wp-json\/wp\/v2\/posts\/34711\/revisions"}],"wp:attachment":[{"href":"https:\/\/vvv.quantpedia.com\/es\/wp-json\/wp\/v2\/media?parent=34711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vvv.quantpedia.com\/es\/wp-json\/wp\/v2\/categories?post=34711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vvv.quantpedia.com\/es\/wp-json\/wp\/v2\/tags?post=34711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}