According the Treynor's measure, how did the fund perform in comparison with the market portfolio? Rm ARKK 3.945 9.061 Rf 0.089 Average Ret Std 1.520 4.582 Regression Statistics Multiple R 0.815 R Square 0.664 Adjusted R Square 0.659 Standard Error 5.306 Observations 60 Regression Statistics Multiple R 0.888 R Square 0.788 Adjusted R Square 0.777 Standard Error 4.291 Observations 60 ANOVA ANOVA df df F 69.444 3 Regression Residual Total 1 SS MS 3232.899 3232.899 1633.120 28.157 4866.020 SS MS 3835.126 1278.375 1030.894 18.409 4866.020 F Regression 114.816 Residual Total 58 59 56 59 t Stat Intercept Rm-Rf Coefficients Standard Error 1.553 0.718 1.609 0.150 t Stat 2.162 10.715 P-value ! Intercept 0.035 Rm-Rf 0.000 SMB HML Coefficients Standard Error 0.710 0.601 1.625 0.134 0.725 0.231 -0.928 0.172 1.181 12.171 3.141 -5.394 P-value ! 0.243 0.000 0.003 0.000 o It under-performed the market portfolio O Insufficient information to draw a conclusion. O It outperformed the market portfolio According the Treynor's measure, how did the fund perform in comparison with the market portfolio? Rm ARKK 3.945 9.061 Rf 0.089 Average Ret Std 1.520 4.582 Regression Statistics Multiple R 0.815 R Square 0.664 Adjusted R Square 0.659 Standard Error 5.306 Observations 60 Regression Statistics Multiple R 0.888 R Square 0.788 Adjusted R Square 0.777 Standard Error 4.291 Observations 60 ANOVA ANOVA df df F 69.444 3 Regression Residual Total 1 SS MS 3232.899 3232.899 1633.120 28.157 4866.020 SS MS 3835.126 1278.375 1030.894 18.409 4866.020 F Regression 114.816 Residual Total 58 59 56 59 t Stat Intercept Rm-Rf Coefficients Standard Error 1.553 0.718 1.609 0.150 t Stat 2.162 10.715 P-value ! Intercept 0.035 Rm-Rf 0.000 SMB HML Coefficients Standard Error 0.710 0.601 1.625 0.134 0.725 0.231 -0.928 0.172 1.181 12.171 3.141 -5.394 P-value ! 0.243 0.000 0.003 0.000 o It under-performed the market portfolio O Insufficient information to draw a conclusion. O It outperformed the market portfolio