HML). These data are listed below. AFNDX and SPX. Do not round intermediate calculations. Round your answers to three decimal places. Sharpe ratio for AFNDX: Sharpe ratio for SPX: 1. Jensen's alpha coefficient: The value indicates that the manager generated a return than what was expected given the portfolio's risk level. 2. Beta coefficient: The fund is only slightly [ volatile than the market. 3. R-squared measure: It is than 0.50 , which means that the fund's performance statistically related to the benchmark. answers to three decimal olaces. Treynor ratio for AFNDX: Treynor ratio for SPX: The portfolio has a risk premium per unit of risk than the market portfolio as indicated by the Sharpe ratio. The portfolio plots the SML, indicating risk-adjusted performance, as its T value is | than the market portfolio's. intermediate calculations. Round your answers to four decimal places. answers to three decimal places. Treynor ratio for AFNDX: Treynor ratio for SPX: The portfolio has a risk premium per unit of risk than the market portfolio as indicated by the Sharpe ratio. The portfolio plots the SML, indicating risk-adjusted performance, as its T value is than the market portfolio's. intermediate calculations. Round your answers to four decimal places. Tracking error on a monthly basis: Tracking error on an annualized basis: The value of tracking error indicates that the manager's investment style is used because the annualized TE is manager's investment prowess relative to the aeneral equity market. Do not round intermediate calculations. Round your answers to four decimal places. Information ratio on a monthly basis: Information ratio on an annualized basis: The manager's investment prowess relative to the general equity market is considered as because the annualized IR is values, if any. 1. Intercept coefficient: , statistically 2. Beta coefficients: Excess market: , statistically SMB: , statistically HML: , statistically 3. R-squared measure: , statistically