Question: The table below provides returns on a portfolio along with returns for the corresponding benchmark index for the past eight quarters. The table also provides

The table below provides returns on a portfolio along with returns for the corresponding benchmark index for the past eight quarters. The table also provides the difference between portfolio returns and the benchmark index, the average of these differences over the past eight quarters and the standard deviation of these differences. Please calculate the annualized tracking error for this period. (Keep 4 decimals)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
