Congratulations! Your portfolio returned

17.3

%

last year,

1.7

%

better than the market return of

15.6

%.

Your portfolio had a standard deviation of earnings equal to

22

%,

and the risk-free rate is equal to

5.6

%.

Calculate Sharpe's measure for your portfolio. If the market's Sharpe's measure is

0.28

,

did you do better or worse than the market from a risk/return perspective?

The Sharpe's measure of your portfolio is

nothing

.

(Round to two decimal places.)

Your portfolio's performance is

superior

inferior

equal

to the market's performance. (Select from the drop-down menu.)