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Consider the following information concerning three portfolios, the market portfolio, and the risk-free asset: Portfolio Rp P P X 15.50% 36.00% 1.35 Y 14.50 31.00
Consider the following information concerning three portfolios, the market portfolio, and the risk-free asset:
Portfolio | Rp |
| P | |
X | 15.50% | 36.00% | 1.35 | |
Y | 14.50 | 31.00 | 1.15 | |
Z | 7.40 | 21.00 | .60 | |
Market | 11.70 | 26.00 | 1.00 | |
Risk-Free | 7.00 | .00 | .00 |
Assume that the tracking error of Portfolio X is 10.70 percent. What is the information ratio for Portfolio X?(Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 4 decimal places.)
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