Which Portfolio Measurement Uses the Mean Excess Return in the Numerator

question 105

Multiple Choice

Which portfolio measurement uses the mean excess return in the numerator divided by the amount of residual risk that the investor incurred in pursuit of those excess returns?

• A) Jensen measure
• B) Fama measure
• C) Sharpe measure
• D) Treynor ratio
• E) Information ratio

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Definitions:

Organizational Citizenship Behavior

encompasses voluntary employee actions that are not directly recognized by the formal reward system but contribute to organizational effectiveness.

Deficiency Needs

In Maslow's hierarchy of needs, these are the basic requirements for human survival and psychological well-being, such as food, safety, and belonging.

Security Needs

Basic human requirements for safety and security, covering physical safety, employment, resources, health, and property, among others, following Maslow's hierarchy of needs.

Hygiene Factors

Elements of the work environment that are related to job satisfaction, which, when absent, can lead to dissatisfaction but, when present, do not necessarily motivate employees.