The following performance data about the Big Gain Fund & the S&P $500$ appears below

Big Gain S&P $500$

Return $40\%22\%$

Standard Deviation $32\%20\%$

Beta Value $1\mathrm{.}261\mathrm{.}00$

The risk$-$free rate is $5\%$

Required

i$.$ Calculate the sharpe ratio

ii$.$ The Treynor measure

iii. And Jensen$$s

iv$.$ Comment on the results obtained