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Congratulations! Your portfolio returned 11.3% last year, 2.3% better than the market return of 9.0%. Your portfolio had a standard deviation of earnings equal to
Congratulations! Your portfolio returned 11.3% last year, 2.3% better than the market return of 9.0%. Your portfolio had a standard deviation of earnings equal to 18%, and the risk-free rate is equal to 4.7%. Calculate Sharpe's measure for your portfolio. If the market's Sharpe's measure is 0.45, did you do better or worse than the market from a risk/return perspective? The Sharpe's measure of your portfolio is (Round to two decimal places.) Your portfolio's performance is to the market's performance. (Select from the drop-down menu.)
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