The Absolute sub-tab is designed for straightforward attribution analysis. This analysis involves calculating the contribution and detraction of a portfolio or fund's holdings by multiplying their weights by their respective returns. The Absolute sub-tab presents this data in two formats: The heatmap module provides an instant visual representation of the top 8 contributors and top 8 detractors within the holdings.
The table displays the contribution and detraction of all holdings over predetermined timeframes, including 1 Month, 3 Month, 6 Month, YTD, and 1 Year columns. This table displays the value each holding has contributed/detracted from the portfolio level, allowing for a more detailed examination of the holdings' impact on the portfolio's performance.