Measure of the efficiency of a portfolio selection process based on the comparison of the actual performance of the portfolio with the predicted returns. Used also as a measure of a market analyst's skill in correctly forecasting market trends deduced from the available information. It is expressed as a number between 0 and +1: the nearer the score to +1, the greater the analyst's skill.
Related information about information coefficient:
- Information Coefficient (IC) Definition | Investopedia
A correlation value that measures the relationship between a variable's predicted and actual values. The information coefficient is a performance measure used ...
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is summarized in a correlation statistic called the information coefficient. When ... measure called the "Effective Information Coefficient" as a way of evaluating ...
- The Statistics of Cross-Sectional Information Coefficient by Zhuanxin ...
May 2, 2011 ... Information coefficient (IC) is one of the most commonly used statistics in quantitative financial analysis that is usually defined as the correlation ...
- Information Coefficient - Financial Dictionary - The Free Dictionary
The correlation between predicted and actual stock returns, sometimes used to measure the contribution of a financial analyst. An IC of 1.0 indicates a perfect ...
- Maximal information coefficient - Wikipedia, the free encyclopedia
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- Information coefficient - Wikipedia, the free encyclopedia
The information coefficient (IC) is a measure of the merit of a predicted value. In finance, the information coefficient is used as a performance metric for the ...
- Information Coefficient | Coefficients | Definition
The correlation between predicted and actual stock returns, sometimes used to measure the value of a financial analyst. An information coefficient (IC) of 1.0 ...
- What is information coefficient? definition and meaning
Definition of information coefficient: Measure of the efficiency of a portfolio selection process based on the comparison of the actual performance of the portfolio ...