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Decline Rank - a decile rank is a rating usually on performance, the scale is from 1 to ten. 1, representing the best performance, and continuing in order, reaching the number 10, representing the worst performance... Each number represents 10 percentage points. An example would be rating a mutual fund performance. If a mutual fund is given s 2 rating, this would indicate that the fund is in the top 20 percent in performance. If the mutual fund is given a 7, it is in the top 70 percent in regards to performance. Obviously the rating of 2, would be the better performing fund |
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