According the Treynor's measure, how did the fund perform in comparison with the market portfolio? ARKK 2.509 10.302 Average Ret Std Rm 1.284 4.752 RE 0,085 Regression Statistics Multiple R 0.772 R Square 0.595 Adjusted R Square 0.589 Standard Error 6.613 Observations 60 ANOVA MS 3,733.62 43.73 F 85.38 Regression Residual Total df SS 1 3,733.62 58 2,536.17 6,269.78 Coefficients Standard Error 0.424 0.881 1.669 0.181 59 t Stat 0.481 9.240 P-value 0.632 0.000 Intercept Rm-Rf Regression Statistics Multiple R 0.881 R Square 0.776 Adjusted R Square 0.764 Standard Error 5.004 Observations 60 ANOVA MS Regression Residual Total 1,622.46 25.04 df SS 3 3 4,867.37 56 1,402.41 59 5,269.78 Coefficients Standard Error 0.268 0.674 1.539 0.145 0.985 0.249 -0.900 0.162 Intercept Rm-Rf SMB HML t Stat 0.398 10.602 3.954 -5.571 O It under-performed the market portfolio It outperformed the market portfolio Insufficient information to draw a conclusion