Question
Consider the following performance history of Stable Value mutual fund relative to the market. Stable Value Date Fund Mkt 1 11% 2% 2 3% 3%
Consider the following performance history of Stable Value mutual fund relative to the market.
Stable Value
Date Fund Mkt
1 11% 2%
2 3% 3%
3 4% 6%
4 -1% 0%
The risk-free rate is 2%.
What is the t-statistic of the alpha? Is the alpha significantly different from zero?
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Financial Management In The Sport Industry
Authors: Matthew T Brown, Daniel Rascher, Mark S Nagel, Chad Mcevoy
1st Edition
1934432040, 978-1934432044
