- CFA Exams
- CFA Level I Exam
- Topic 9. Portfolio Management
- Learning Module 2. Portfolio Risk and Return: Part II
- Subject 7. Portfolio Performance Appraisal Measures
CFA Practice Question
Which of the following measures are based on systematic risk?
II. M-squared
III. Jensen's Alpha
I. Sharpe ratio
II. M-squared
III. Jensen's Alpha
Correct Answer: III only
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