Congratulations! Your portfolio returned 9.1?% last? year, 2.3?%better than the market return of 6.8?%. Your portfolio had astandard deviation of earnings equal to 21?%, and the? risk-freerate is equal to 4.1?%. Calculate? Sharpe's measure for yourportfolio. If the? market's Sharpe's measure is 0.38?, did you dobetter or worse than the market from a? risk/returnperspective?
The? Sharpe's measure of your portfolio is ____ (Round to twodecimal? places.)
Your? portfolio's performance is ___
equal
inferior
superior
to the? market's performance. ? (Select from the? drop-downmenu.)