Technical_Analysis_page_630

Technical | Analysis page 630 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Appendix A Basic Statistics 601 return, return beyond what we expect based upon the CAPM. Fund managers are sometimes said to be “searching for alpha.” Geometrically, we can see the Treynor and Jensen measures in Figure A.8. Suppose that you use the Treynor and Jensen measures to rank two…