问题如下:
If a market is semi-strong-form efficient, the risk-adjusted returns of a passively managed portfolio relative to an actively managed portfolio are most likely:
选项:
A.lower.
B.higher.
C.the same.
解释:
B is correct.
In a semi-strong-form efficient market, passive portfolio strategies should outperform active portfolio strategies on a risk-adjusted basis.
risk-adjusted returns是啥?