The average return, standard deviation, and beta for Fund A is given below along with...
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Finance
The average return, standard deviation, and beta for Fund A is given below along with data for the S&P 500 Index.
Fund | Average Return | Standard Deviation | Beta |
A | 25.7% | 29% | 1.3 |
S&P 500 | 17.9% | 20% | 1 |
Risk-free | 3.8% |
Calculate the M2 measure of performance for Fund A.
Use the correct sign if the answer is negative! Example: -1.23
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