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Which of the following statements is true? a. A fund that outperforms the market based on the M 2 measure must also have a higher
Which of the following statements is true?
a. | A fund that outperforms the market based on the M2 measure must also have a higher Treynor measure ratio than the market | |
b. | A fund with a higher alpha must have a higher Sharpe ratio | |
c. | A fund with a higher alpha must have a higher Treynor measure | |
d. | Whenever a fund has a positive alpha, it will also have a higher Treynor measure than the market |
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