Decile Rank
A decile rank divides a data set into ten equal parts to assess performance. Each decile contains 10% of the ranked data. In finance, decile ranks are used to compare fund or stock performance relative to others, helping investors identify top or bottom performers. Decile ranking is a useful tool for portfolio management and performance evaluation, providing clear comparisons within a peer group.
Key Takeaways
- Divides data into ten equal groups for comparison.
- Used in finance to rank fund or stock performance.
- Helps investors identify top and bottom performers.
- Common in portfolio management and performance analysis.
