Question: Excess return portfolio performance measures Adjust portfolio risk to match benchmark risk. Compare portfolio returns to expected returns under CAPM. Evaluate portfolio performance on the
Excess return portfolio performance measures
Adjust portfolio risk to match benchmark risk.
Compare portfolio returns to expected returns under CAPM.
Evaluate portfolio performance on the basis of return per unit of risk.
Indicate historic average differential return per unit of historic variability of differential return.
None of the above.
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