The accompanying table shows a portion of the annual returns (in %) for a technology mutual fund
Question:
The accompanying table shows a portion of the annual returns (in %) for a technology mutual fund and an energy mutual fund from 1982 through 2018.
a. Which fund had the higher average return?
b. Which fund was riskier over this time period?
c. Given a risk-free rate of 2%, which fund had the higher Sharpe ratio? What does this ratio imply?
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Related Book For
Business Analytics Communicating With Numbers
ISBN: 9781260785005
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
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