# Benchmarking

### Select Benchmark

This is required to compare the selected dataset with a benchmark asset.

### Active return summary

Shows the summary statistics after using the asset return series minus the benchmark asset return series, under the following conditions:

* **Active mean** is equal to the **excess mean above Rf** in the [performance analysis module](/help-and-reference/application-reference/invelab/modules/performance-analysis.md).
* **Tracking error** is the standard deviation of the active mean.
* The **information ratio** is the active mean divided by the tracking error.

### Original return summary

Shows the summary statistics without comparing them to the benchmark.

### Time series plot

Shows the tracking error bar plot.

### Split and other functions

For more information on these functions, see the [performance analysis module](/help-and-reference/application-reference/invelab/modules/performance-analysis.md).


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.nuvolos.com/help-and-reference/application-reference/invelab/modules/benchmarking.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
