RBSA can be used to identify combinations of passive investments to closely replicate the performance of funds .
Michael Markov and Mik Kvitchko developed the first Returns - Based Style Analysis ( RBSA ) software application based on Nobel Laureate William F. Sharpe 's methodology .
Returns - Based Style Analysis can be used to identify combinations of passive investments to closely replicate the performance of funds .
Michael Markov and Mik Kvitchko developed the first Returns - Based Style Analysis ( RBSA ) software application based on Nobel Laureate William F. Sharpe 's methodology .