Mark
It is for current ability. It weights the attributes in relation to the position, with the higher weighting being the most important attribute.

Here is an example. Standard ratings on GS of my Central Defenders at St Albans



My ratings of the same Central Defenders



Not much between them in the standard one but wouldnt you definitely buy the top one in my ratings. They are ranked by the column on the left which is the DC current ability
At this post I highlight the least costly most beneficial training attributes in order by position. This is for Individual training / Additional focus. Pick the attribute that needs most improvement for individual players for the position you want to play them in. You should also be training the player in the role you are going to use them in the Position/Role/Duty

https://fm-arena.com/find-comment/5079/

Hope this helps.
I use Genie Scout - see my ratings for Genie Scout at this post:

https://fm-arena.com/find-comment/5071/

So use use all relevant attributes weighted.
Here are my most important attributes by position

From my experience playing FM you need your side to be scoring around the 2 points per match to be competitive and a chance to win the title in most leagues. When I look at the FM Arena table, and the top 100 tactics, the 100th tactic is only 5.5 points overall behind this over a season.
Given we have other weapons in our arsenal, eg we know the attributes that are key for each position so can maximise talent, we have training schedules that get the most out of players, we know how to go about keeping player morale up, I think you could realistically pick any of the top 100 tactics and be a successful manager.

So when looking at the FM Arena table look for a tactic that is in the top hundred and suits the style of football you want to play, not just the top rated tactics.
I am very happy with how Sponge Bob V9 has been going.  At a rating of 6.4 this tactic is only 3.5 points in a season behind the 2 points per game. I might experiment with a few other lower ranked tactics of interest as well.

Here is a run with Liverpool in holiday mode.
I have gone back to the old Sponge Bob tactic and tweaked using advice I have rea on other tactics. Changed Full Backs and Wingers, removed tight marking, put in ZaZ Blue 3 set pieces and adjusted for formation, and adjusted some other positional instructions.

Did my testing against my old testing database and the results come up better than ZaZ Blue and Phoenix. It tests the bottom and top rated team for each English Division. Hopefully closer to them now on FM Arena.



EPL



Sky Bet Championship



League 1 - Charlton Manager sacked at end of season



League 2 - Salford Manager sacked at end of season



Vanarama National



Vanarama North



Vanarama South

I have drawn inspiration from the original Sponge Bob and from Afterlife by @Zealot. Trying to come up with a formation that no one else has used that still taps into the winning formula for FM21. I have done limited testing but it appears to be pretty decent, see results below.



Championship



Sky Bet L1



Vanarama National



Vanarama South with Ebbsfleet and St Albans

No worries just wanting to make sure the right author is attributed. :)
I downloaded this tactic from the SIgames forums 6 weeks ago. It is listed as a TFF tweak from his FM20 tactic Cerber V4. The poster was Gojke and when loaded the author was Lakerol.
Woori said: 1617 chelsea 343

I think you will need to add screenshots of the tactic and some results with it before they will test it mate
Woori said: 0809 MANU 442

I think you will need to add screenshots of the tactic and some results with it before they will test it mate
You didn't read the rules, I have to go for my closest playable club. Canberra should have a side back in the National Comp, but they don't so I have do go with my closest playable club mate.
I like the idea I read about last year, of managing the club nearest to where you live. My sister lives in St Albans (which has an English 6th Tier club - Vanarama South), I live in Canberra Australia closest club Macarthur FC A-League, and my mate was born in Kiel Germany, home club is Holstein Kiel Bundasliga 2. So my save I have 3 managers and play all 3 teams which are so different in standard and location that there is no cross over. Makes it really interesting. Into my second season
Here is an example for my Macarthur side

Team Report / Analyst Report / Comparison. Then for attributes you can select the ones you are after eg Mental, Physical or Technical - it will then compare your team to the league average
I would run with Yusuf Demir - affordable and could be better than many more expensive players in a year or two in the game
BulldozerJokic said: I still don't understand how neither Balance nor Dribbling ended up in the table, while these are the fifth and fourth most important attributes based on the "important attributes" test from this site. Yeah, there is dribbling for AMCR(L) position, but that position is not presented in the tactic used for the test.

You can read the rationale and the updated calculations at post 31 on page 2. I wasn't looking at this in a tactic specific manner, but across the board for any and all tactics. Read through post 31, I think it will explain what I was trying to achieve.
This is looking like the best attacking formation for this formation so far.
I was using averages not best or maximum score. There were a couple I picked where the wasn't much difference but some weren't tested substantially. I am now looking at standard deviation against the highest 3 with more than 3 scores.
Player roles and mentality. Although changing roles will also change how players form up and their individual instructions. You will notice that 6 of the top 7 tactics use the same formation. Nothing new in this.