Quartile Rank
Quartile rank divides data into four equal parts for performance comparison. The top quartile represents the highest 25%, while the bottom quartile covers the lowest 25%. In investing, quartile rankings are used to evaluate fund or stock performance, helping to distinguish between top-performing and underperforming investments. Quartile ranks are critical for benchmarking portfolio performance against peers.
Key Takeaways
- Divides data into four equal parts for ranking.
- Top quartile contains the highest performers.
- Used in investment performance comparisons.
- Essential for benchmarking portfolios against peers.
