> For the complete documentation index, see [llms.txt](https://docs.nuvolos.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.nuvolos.com/how-to-guides/application-specific-guides/invelab/modules/benchmarking.md).

# 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](/how-to-guides/application-specific-guides/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](/how-to-guides/application-specific-guides/invelab/modules/performance-analysis.md).


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