Lecture 7 Flashcards
1
Q
Returns adjusted by or compared to a relevant benchmark:
A
- Sharpe Ratio
- Treynor Ratio
- Jensen Ratio
2
Q
Measure the increase in asset or portfolio value relative
to the initial asset value during a given time frame formula:
A
rt=NAV(t)-NAV(t-1)/NAV(t-1)
3
Q
Market timing refers to the ability of the investor to:
A
Shift their portfolios beta
4
Q
Market timing is important to evaluate:
A
Traders performance independent from portfolio performance
