Upside capture ratio,
Arithmetic upside capture ratio is calculated by using arithmetic Upside Capture Return for both denominator and numerator.
Upside Capture Ratio measures a manager's performance in up markets relative to the market (benchmark) itself. It is calculated by taking the security�s upside capture return and dividing it by the benchmark�s upside capture return.
Upside capture ratio,
Arithmetic upside capture ratio is calculated by using arithmetic Upside Capture Return for both denominator and numerator.