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You are provided the following data to compare two funds with similar equity investment strategies. Performance Measure Fund A Fund B Sharpe Ratio 0.45 0.55

You are provided the following data to compare two funds with similar equity investment strategies.

Performance Measure

Fund A

Fund B

Sharpe Ratio

0.45

0.55

Treynor Ratio

0.63

0.57

Information Ratio

0.24

0.33

Jensens Alpha

1.2%

0.9%

The manager of Fund A is more skilled in adding value to the portfolio through superior stock selection than the manager of Fund B. Using which of the following measures can you form this conclusion most directly?

Sharpe Ratio

Jensen's Alpha

Information Ratio

Treynor Ratio

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