Which of the following is the final measure used to evaluate a portfolio manager's performance using the Jensen approach?
A)Alpha ONLY
B)Alpha and the standard deviation
C)Standard deviation
D)None of the above

Question

Quizplus · Accepted Answer

The Jensen approach evaluates a portfolio manager's performance by calculating the alpha, which measures the excess return of the portfolio over the expected return based on the capital asset pricing model (CAPM).

Which of the Following Is the Final Measure Used to Evaluate