Chapter 24 - Portfolio Performance Evaluation

Câu 74:

You want to evaluate three mutual funds using the Jensen measure for performance evaluation. The risk-free return during the sample period is 6%, and the average return on the market portfolio is 18%. The average returns, standard deviations, and betas for the three funds are given below.

You want to evaluate three mutual funds using the Jensen measure for performance evaluation. The risk-free return during the sample period is 6%, and the average return on the market portfolio is 18%. The average returns, standard deviations, and betas for the three funds are given below.
The fund with the highest Treynor measure is __________. The fund with the highest Jensen measure is __________. 

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Giải thích

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