The actual results of the portfolios and market index during the past three years are given below:
|
Portfolio |
Return |
Beta |
Risk free rate |
| Birla |
15% |
1.2 |
9 |
| Kotak |
16% |
1.5 |
9 |
| Reliance |
12% |
0.8 |
9 |
| Market index |
13% |
1.0 |
9 |
You are required to rank as per Jensen’s measure of portfolio return.
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