Monitoring area
Outcome review
Separate aligned return measurement, attribution questions and drawdown evidence from model approval.
Outcome reviewOutcome reviewOutcome reviewOutcome review
Require an aligned return window before reviewing outcomes
Match model and benchmark periods, units and coverage before calculating a complete-window result.
Separate compound returns from arithmetic active returns
Reproduce wealth linking and avoid calling a cumulative return difference alpha.
Read drawdown from the full wealth path
Include the initial wealth peak and distinguish recovery arithmetic from a decision to trade.
Interpret tracking error with its period and dependence limits
Calculate sample active-return volatility and understand the square-root annualization convention.