Multiple Choice
The term,EXCESS,returns is commonly defined as
A) Total portfolio returns minus the market rate
B) Total portfolio returns minus the risk-free rate
C) (portfolio returns minus the risk-free rate) /beta
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q11: Treynor uses beta as a measure of
Q23: Most funds show a positive performance compared
Q38: Asset allocation is generally _ important then
Q39: Using the Jensen approach to portfolio valuation
Q40: A positive alpha is an indication of:<br>A)Low
Q41: According to a study by John McDonald
Q45: R2is a good measure of efficient diversification.
Q46: Under all three - Sharpe,Treynor,Jensen - approaches,the
Q47: Studies by Ippolito as well as Goodwin
Q48: A fund manager has almost total control