relative return

简明释义

相对报酬

英英释义

例句

1.A relative return of 5% means the investment outperformed the market by that percentage.

相对收益为5%意味着该投资超越了市场5%。

2.During the last quarter, our portfolio achieved a significant relative return of 10%.

在上个季度，我们的投资组合实现了10%的显著相对收益。

3.The fund manager reported a relative return on the investment compared to the benchmark index.

基金经理报告了与基准指数相比的相对收益。

4.Investors often look for funds that can deliver a higher relative return during market downturns.

投资者通常寻找在市场下行期间能够提供更高的相对收益的基金。

5.Calculating relative return helps investors understand how well their investments are performing against others.

计算相对收益可以帮助投资者了解他们的投资表现如何与其他投资相比。

作文

In the world of finance and investment, understanding the concept of relative return is crucial for both individual and institutional investors. The term relative return refers to the return on an investment compared to a benchmark or index. This benchmark could be a market index such as the S&P 500 or another relevant standard that reflects the performance of a particular sector or asset class. By evaluating the relative return, investors can assess how well their investments are performing in comparison to the broader market, allowing them to make more informed decisions about their portfolios.One of the primary reasons investors focus on relative return is to gauge the effectiveness of their investment strategies. For instance, if an investor's portfolio has returned 10% over a year while the benchmark index has returned 8%, the relative return would be positive, indicating that the portfolio outperformed the market. Conversely, if the investment achieved only a 6% return during the same period, the relative return would be negative, suggesting underperformance. This comparison helps investors identify whether their chosen investments are yielding satisfactory results relative to the market.Moreover, relative return is essential for performance evaluation in the context of mutual funds and hedge funds. Fund managers often advertise their ability to generate returns above a specific benchmark. Investors should look closely at these claims and consider the relative return when choosing where to allocate their capital. A fund that consistently delivers a high relative return may indicate a skilled manager who can navigate market fluctuations effectively.However, it is important to note that focusing solely on relative return can sometimes lead to suboptimal investment decisions. Investors may become overly fixated on outperforming a benchmark and neglect other critical aspects of investing, such as risk management and diversification. A strategy that prioritizes relative return might encourage excessive trading or taking on unnecessary risks to chase higher returns, which could ultimately harm overall portfolio performance.Another aspect to consider is the time frame when assessing relative return. Short-term fluctuations in performance may not accurately reflect an investment's long-term potential. Investors should assess relative return over various time horizons to gain a comprehensive understanding of how their investments are performing. A fund that underperforms in the short term may still have strong long-term prospects, and vice versa.In conclusion, the concept of relative return plays a vital role in the investment decision-making process. It allows investors to compare the performance of their investments against relevant benchmarks, providing valuable insights into their effectiveness. While it is essential to consider relative return when evaluating investment performance, one must also remain mindful of the broader investment strategy and risk management practices. By striking a balance between seeking relative return and maintaining a diversified and well-managed portfolio, investors can enhance their chances of achieving their financial goals.

在金融和投资的世界中，理解“相对收益”的概念对于个人和机构投资者至关重要。术语“相对收益”指的是投资相对于基准或指数的回报。这个基准可以是像标准普尔500这样的市场指数，或者是反映特定行业或资产类别表现的其他相关标准。通过评估“相对收益”，投资者可以评估他们的投资相对于更广泛市场的表现，从而使他们能够对其投资组合做出更明智的决策。投资者关注“相对收益”的主要原因之一是评估其投资策略的有效性。例如，如果一个投资者的投资组合在一年内获得了10%的回报，而基准指数的回报为8%，那么“相对收益”将是正的，表明该投资组合的表现优于市场。相反，如果投资在同一时期仅实现了6%的回报，那么“相对收益”将是负的，暗示表现不佳。这种比较帮助投资者识别其所选择的投资是否产生了令人满意的结果。此外，“相对收益”在共同基金和对冲基金的业绩评估中也至关重要。基金经理通常会宣传他们能够在特定基准上产生超额回报。投资者应该仔细审视这些声明，并在选择资金分配时考虑“相对收益”。一个持续提供高“相对收益”的基金可能表明一位能够有效应对市场波动的优秀经理。然而，重要的是要注意，仅仅关注“相对收益”有时可能导致次优的投资决策。投资者可能会过于关注超越基准，而忽视投资的其他关键方面，例如风险管理和多样化。一个优先考虑“相对收益”的策略可能会鼓励过度交易或承担不必要的风险，以追求更高的收益，这最终可能会损害整体投资组合的表现。另一个需要考虑的方面是评估“相对收益”时的时间框架。短期内的表现波动可能并不能准确反映投资的长期潜力。投资者应该在不同的时间范围内评估“相对收益”，以全面了解其投资的表现。在短期内表现不佳的基金可能仍具有强大的长期前景，反之亦然。总之，“相对收益”的概念在投资决策过程中发挥着至关重要的作用。它使投资者能够将其投资的表现与相关基准进行比较，从而提供有关其有效性的宝贵见解。虽然在评估投资表现时考虑“相对收益”至关重要，但人们还必须时刻关注更广泛的投资策略和风险管理实践。通过在寻求“相对收益”与保持多样化和良好管理的投资组合之间取得平衡，投资者可以增强实现财务目标的机会。