ou are given the following information concerning three portfolios, the market portfolio, and the risk-free asset:

Portfolio R_{P P P}

X 16.5 % 37 % 1.4

Y 15.5 32 1.15

Z 7.4 22 0.7

Market 11.8 27 1

Risk-free 5.2 0 0

Assume that the tracking error of Portfolio X is 9.50 percent. What is the information ratio for Portfolio X?(A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 4 decimal places.)