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You want to evaluate three mutual funds using the Treynor measure for performance evaluation. The risk-free return during the sample period is 8%. The average
You want to evaluate three mutual funds using the Treynor measure for performance evaluation. The risk-free return during the sample period is 8%. The average returns, standard deviations, and betas for the three funds are given below, in addition to information regarding the S&P 500 index. verage Return Standard. Deviation Beta 0.5 1.0 Fund A Fund B ?und C S&P 500 1 3% 19% 25% 18% 10% 20% 30% 16% The fund with the highest Treynor measure is Fund A O Fund B Fund C Funds A and B are tied for highest
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