Hi @David Harper CFA FRM
I am having a hard time understanding the calculations here:
My confusion lies in how 0.78 and 1.02 was gotten.
Edited by Nicole to note: This is referencing QA-6 (Chapter 6) study notes starting on page 28.
This does not relate to this thread. Unfortunately, i could not find a suitable one. Taking a look at the second bullet point under the relationship between Sharpe and Jensen; are we dividing by \[ \sigma p\; \] or \[ \sigma m\; \]