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[CFA level 1模拟真题]Version 5 Questions-Q14

Q14. For an investment portfolio, the Sharps ratio is best described as a(n):

A. relative measure that indicates risk per unit of mean return

B. Absolute measure that indicates risk per unit of mean return.

C. Relative measure that indicates mean excess return per unit of risk

D. Absolute measure that indicates mean excess return per unit of risk

答案详解如下:

Q14.   C    Study Session 3-7-h

The Sharpe ratio is a relative measure that equals-excess return of a portfolio (mean return less the risk free rate) divided by the standard deviation of the portfolio.

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??

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11

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c

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c

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d

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e

e

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v

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c

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