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You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is .98.
Year | Fund | Market | Risk-Free | |||
2015 | 23.60 | % | 44.50 | % | 1 | % |
2016 | 25.10 | 21.50 | 3 | |||
2017 | 14.40 | 15.40 | 2 | |||
2018 | 7.00 | 9.20 | 6 | |||
2019 | 2.40 | 6.20 | 2 | |||
Calculate Jensens alpha for the fund, as well as its information ratio. (Do not round intermediate calculations. Enter the alpha as a percent rounded to 2 decimal places. Round the ratio to 4 decimal places.)
Jensens Alpha-____%
Information ratio- ____
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