Use the HPR calculated in question 1 to compute Jensen’s measure (Jensen’s alpha). Use that measure to analyse the performance of the portfolio on a risk-adjusted, market-adjusted basis. Comment on...


Use the HPR calculated in question 1 to compute Jensen’s measure (Jensen’s alpha). Use that measure to analyse the performance of the portfolio on a risk-adjusted, market-adjusted basis. Comment on your finding. Is it reasonable to use Jensen’s measure to evaluate a four-vehicle portfolio? Why or why not?



May 26, 2022
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