1.Which risk adjusted return measure looks only at downside risk?

a)Sharpe ratio

b)Sortino ratio

c)information ratio

d)Treynor ratio

2.Which risk adjusted return measure produces a robust metric with statistically descriptive characterizations of the likelihood of the measure being significant?

a)Jensen's alpha

b)Treynor ratio

c)information ratio

d)Sortino ratio

3.Which approach to measuring returns is the only appropriate way for relaying performance to clients?

a)stochastic weighted return

b)equal weighted return

c)time weighted return

d)money weighted return