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The Following Data Are Available Relating to the Performance of Scooner

question 22

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The following data are available relating to the performance of Scooner Stock Fund and the market portfolio:  Scooner  Market  Portfolio  Average return 19%12% Standard deviations of returns 35%15% Beta 1.51.0 Residual standard deviation 3.0%0.0%\begin{array}{lcc} & \text { Scooner } & \text { Market } \\&&\text { Portfolio }\\\text { Average return } & 19 \% & 12\% \\\text { Standard deviations of returns } & 35\% & 15\% \\\text { Beta } & 1.5 & 1.0 \\\text { Residual standard deviation } & 3.0 \% & 0.0 \%\end{array}

The risk-free return during the sample period was 6%.
Calculate the Jensen measure of performance evaluation for Scooner Stock Fund.

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