The __________ Measures the Reward to Volatility Trade-Off by Dividing

question 36

Multiple Choice

The __________ measures the reward to volatility trade-off by dividing the average portfolio excess return by the standard deviation of returns.

• A) Sharpe measure
• B) Treynor measure
• C) Jensen measure
• D) information ratio
• E) None of the options are correct.

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Definitions:

DRA

Differential Reinforcement of Alternative behavior is a technique in behavior therapy that involves reinforcing a desirable behavior in place of an undesirable one.

Functional Alternative

An alternative method or strategy that achieves the same goal or function as the original.

Differential Reinforcement

A technique used in behavior modification that involves reinforcing desired behaviors while withholding reinforcement for undesired behaviors.

DRO Increasing-Interval Schedule

A DRO schedule that thins or fades the reinforcement by gradually increasing the length of the interval. If the specified interval passes without a target response occurring, reinforcement is delivered and the next interval can be increased by a certain amount of time. If the response does occur, however, the next interval stays the same.