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1/23/2007 - Concordia Funds chooses SkyRank for its hedge fund rating and data needs.

East Brunswick, NJ - 1/23/2007 - Concordia Funds chooses SkyRank for its hedge fund rating and data needs. The SkyRankTM System, automates analysis of hedge funds in a single functional computation. A unique formula-generating system reveals a simple rating to the investor in three forms: Absolute SkyRank, Lettered SkyRank and Relative SkyRank over three time periods, 1 Year, 3 Year, and 5 Years. The Composite SkyRank Rating is a weighted average of the three SkyRank Time Periods applying more importance to more recent return and volatility data. The SkyRank System evaluates assets, time, volatility and returns to reward hedge funds that are established, credible, and consistent performers, demonstrated by their ability to exploit market inefficiencies. With 7000+ funds and up to 12 ratings per fund, SkyRank provides the most complete ratings analysis in the industry.  

http://www.concordiafunds.com


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