Q: Using the results you get from the Daily Returns quiz for DJIA, calculate the following summary statistic “Sharpe Ratio” of the return series (using the adjusted close return series). Write your answer as a number rounded to the nearest thousandth percentage point (e.g., you would write “0.073214” as “0.073”).
or
Q: Determine the return series’ “Sharpe Ratio” using the adjusted closing return series and the responses you received from the DJIA Daily Returns quiz. Your response should be written as a figure that has been rounded to the closest thousandth percentage point (for example, “0.073214” should be written as “0.073”).
- 0.048
Explanation: With the answer “0.048,” it seems you’ve already calculated the Sharpe Ratio as requested. This value, 0.048, is the ratio rounded to the nearest thousandth (0.048).
