Question
Calculate the information ratio measure of performance for Guardian Stock Fund? Use the following data to answer the question regarding the performance of Guardian Stock
Calculate the information ratio measure of performance for Guardian Stock Fund?
Use the following data to answer the question regarding the performance of Guardian Stock Fund and the market portfolio. The risk-free return during the sample period was 5%. Average return Standard deviation of returns Beta Residual standard deviation Guardian 14% 26% Information ratio 1.2 4% Market Portfolio 10% 21% 1 0% Calculate the information ratio measure of performance for Guardian Stock Fund. (Round your answer to 2 decimal places. Do not round intermediate calculations.)
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