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NEW QUESTION: 1

A. Option B
B. Option C
C. Option D
D. Option A
Answer: D

NEW QUESTION: 2
Your database contains a table named SalesOrders. The table includes a DATETIME column named OrderTime that stores the date and time each order is placed. There is a non-clustered index on the OrderTime column. The business team wants a report that displays the total number of orders placed on the current day.
You need to write a query that will return the correct results in the most efficient manner.
Which Transact-SQL query should you use?
A. SELECT COUNT(*) FROM SalesOrders
WHERE OrderTime = CONVERT(DATE, GETDATE())
B. SELECT COUNT(*) FROM SalesOrders
WHERE OrderTime = GETDATE()
C. SELECT COUNT(*) FROM SalesOrders
WHERE CONVERT(VARCHAR, OrderTime, 112) = CONVERT(VARCHAR,
GETDATE(I, 112))
D. SELECT COUNT(*) FROM SalesOrders
WHERE OrderTime >= CONVERT(DATE, GETDATE())
AND OrderTime < DATEADD(DAY, CONVERT(DATE, GETDATE()))
Answer: D

NEW QUESTION: 3
Which of the following expressions represents the Sharpe ratio, where is the expected return, is the standard deviation of returns, rm is the return of the market portfolio and if is the risk free rate:
A. https://www.riskprep.com/images/stories/questions/102.10.b.png
C)
https://www.riskprep.com/images/stories/questions/102.10.a.png
D)
https://www.riskprep.com/images/stories/questions/102.10.c.png
B. Option B
C. https://www.riskprep.com/images/stories/questions/102.10.d.png
D. Option C
E. Option D
F. Option A
Answer: F
Explanation:
Explanation
The Sharpe ratio is the ratio of the excess returns of a portfolio to its volatility. It provides an intuitive measure of a portfolio's excess return over the risk free rate. The Sharpe ratio is calculated as [(Portfolio return - Risk free return)/Portfolio standard deviation]. Therefore Choice 'c' is the correct answer.
The Treynor ratio is similar to the Sharpe ratio, but instead of using volatility in the denominator, it uses the portfolio's beta. Therefore the Treynor Ratio is calculated as [(Portfolio return - Risk free return)/Portfolio's beta].
Jensen's alpha is another risk adjusted performance measure. It considers only the 'alpha', or the return attributable to a portfolio manager's skill. It is the difference between the return of the portfolio, and what the portfolio should theoretically have earned. Any portfolio can be expected to earn the risk free rate (rf), plus the market risk premium (which is given by [Beta x (Market portfolio's return - Risk free rate)]. Jensen's alpha is therefore the actual return earned less the risk free rate and the beta return.
Refer to the tutorial on risk adjusted performance measures for more details.