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Year <?xml:namespace prefix = o ns = \"urn:schemas-microsoft-com:office:office\"

ID: 2691972 • Letter: Y

Question

Year <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /?>

GoopGip Stock

LoopLip Stock

S&P 500

2007

-12.8%

4.85%

-1.87%

2008

-4.5%

-8.25%

2.39%

2009

5.9%

3.33%

0.45%

2010

1.9%

7.21%

3.56%

2011

-4.8%

-1.55%

-1.38%

The Z-statistic at the 90% confidence level is 1.2816

The Z-statistic at the 95% confidence level is 1.6449

The Z-statistic at the 99% confidence level is 2.3263

1. What are the Sharpe Index of LoopLip stock and Treynor index for GoopGip stock? Assume that T-bill rate is 0.05%

Year <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /?>

GoopGip Stock

LoopLip Stock

S&P 500

2007

-12.8%

4.85%

-1.87%

2008

-4.5%

-8.25%

2.39%

2009

5.9%

3.33%

0.45%

2010

1.9%

7.21%

3.56%

2011

-4.8%

-1.55%

-1.38%

Explanation / Answer

Looplip Mean = 1.12% standard deviation = 0.3016217600% Sharpe Index = 1.12 - 0.05%/0.3016217600% = 3.55 Goopgip Mean = -2.86% standard deviation = 0.49093% Sharpe Index = -5.93