What is the 'UpMarket Capture Ratio'
The upmarket capture ratio is the statistical measure of an investment manager's overall performance in upmarkets. The upmarket capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has risen. The ratio is calculated by dividing the manager's returns by the returns of the index during the upmarket, and multiplying that factor by 100.
BREAKING DOWN 'UpMarket Capture Ratio'
An investment manager who has an upmarket ratio greater than 100 has outperformed the index during the upmarket. For example, a manager with an upmarket capture ratio of 120 indicates that the manager outperformed the market by 20% during the specified period. Many analysts use this simple calculation in their broader assessments of individual investment managers.

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