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In an Efficient Market, Which of the Following Performance Measures

question 2

Multiple Choice

In an efficient market, which of the following performance measures should be zero for all assets?
I. Treynor ratio
II. Sharpe ratio
III. Jensen's alpha


Definitions:

Communication

The exchange of information, thoughts, or messages through speech, signals, writing, or behavior.

Norming Stage

A phase in group development where members resolve conflicts and develop closer relationships and cohesion.

Hierarchical Organization

An organizational structure where entities are ranked one above the other according to authority or status.

Communication Tends

The manner or direction in which communication practices or preferences evolve or lean towards.

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