Question
What is a concern when using either the Treynor measure or Jensen's alpha? A. It ignores market risk B. It penalizes a portfolio for being
What is a concern when using either the Treynor measure or Jensen's alpha?
| A. | It ignores market risk | |
| B. | It penalizes a portfolio for being undiversified | |
| C. | It relies on beta which is estimated and can be calculated differently for the same stock | |
| D. | It relies on self-reported returns |
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Affordable Housing Finance
Authors: K. Hawtrey
2009th Edition
0230555187, 978-0230555181
