The Jensen portfolio evaluation measure:

 

A$.$ is an absolute measure of return over and above that predicted by the

CAPM.

B$.$ is a measure of return per unit of risk, as measured by standard deviation.

C$.$ is a measure of return per unit of risk, as measured by beta.

D$.$ A and B

E$.$ B and C

Answer rating: 100% (QA)

The Jensens alpha which is also known as Jensens Performance Index is a riskadjusted performance mea... View the full answer