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ed k ince The accompanying table shows a portion of the annual returns (in %) for a technology mutual fund and an energy mutual
ed k ince The accompanying table shows a portion of the annual returns (in %) for a technology mutual fund and an energy mutual fund from 1982 through 2018. Year Technology 1982 56.74 1983 53.13 4 104 2018 -8.98 picture Energy -12.36 20.72 E -25.19 Click here for the Excel Data File a. Which fund had the higher reward over this time period? since it has the b. Which fund was riskier over this time period? since it has the c-1. Given a risk-free rate of 2%, calculate the Sharpe ratio for each fund? What does this ratio imply. (Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places) Sharpe ratio for Technology Sharpe ratio for Energy c-2. Over this time period, the Sharpe ratio implies that the Technology fund had a higher reward per unit of risk. Energy fund had a higher reward per unit of risk Technology fund had the higher relative dispersion Energy fund had the lower relative dispersion Year 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Technology 56.74 53.13 -17.56 7.89 -6.91 -11.27 -2.42 16.44 10.26 58.63 9.44 28.97 10.86 43.39 15.13 10.19 73.60 131.41 -32.33 -32.23 -37.74 59.60 1.06 4.28 6.86 20.30 -51.25 90.79 27.16 -9.46 17.66 31.34 10.55 7.15 11.60 50.05 -8.98 Energy -12.36 20.72 2.52 17.46 5.57 -1.41 15.41 42.38 -4.86 -0.56 -2.86 19.82 0.91 20.88 32.62 10.17 -14.66 34.57 32.02 -11.73 -11.85 23.17 31.91 51.55 13.69 44.87 -54.21 46.59 19.65 -4.70 4.61 24.89 -13.15 -20.92 34.56 -3.32 -25.19
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