Question
The following data are available relating to the performance of Hayek Stock Fund and the market portfolio: Hayek Market Portfolio Average return 20% 11% Standard
The following data are available relating to the performance of Hayek Stock Fund and the market portfolio:
| Hayek | Market Portfolio | |
|---|---|---|
| Average return | 20% | 11% |
| Standard deviations of returns | 44% | 19% |
| Beta | 1.8 | 1.0 |
| Residual standard deviation | 2.0% | 0.0% |
The risk-free return during the sample period was 3%. What is the Treynor measure of performance evaluation for Hayek Stock Fund?
Multiple Choice
-
0.010
-
0.048
-
0.087
-
0.094
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Valuation Workbook Step By Step Exercises And Tests To Help You Master Valuation
Authors: McKinsey & Company Inc.
7th Edition
1119611814, 978-1119611813
