Knowledge Base

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Questions

Which variant of the Sharpe ratio does not penalize upside volatility?

Treynor ratio
Jensen ratio
Sortino ratio
Information ratio

Which ratio measures excess return per unit of systematic risk?

Sortino ratio
Treynor ratio
Sharpe ratio
Jensen ratio

Which rate is now used as the risk-free rate reference in the eurozone?

Euribor
OAT
€STR
LIBOR

What is the fundamental formula of the Sharpe ratio?

(Rp + Rf) / σp
(Rp - Rf) / σp
(Rp - Rf) / (σp + Rf)
Rp / (σp - Rf)

The Sharpe ratio can be negative if the portfolio return is lower than the risk-free rate.

True
False

Categorize items by dragging them to the appropriate zones

Items to categorize:

(Rp - Rf)
σp
√252
(1 + Cumulative Return)^(365/number of days) - 1
Categories:

Numerator components

Denominator components

Annualization factors

Formula for annualizing cumulative return

Click to see answer

A Sharpe ratio above 2 indicates excellent risk-return management.

True
False