Which of the following is true regarding Modigliani-squared?
A)It compares Treasury bills to the S&P 500 Index.
B)It states its results in both percentage and graphical form.
C)It equates the volatility of a portfolio with the market.
D)It compares fixed income securities with equities securities.

Question

Quizplus · Accepted Answer

Modigliani-squared (M^2) measures the risk-adjusted performance of a portfolio by equating its volatility with that of the market, allowing for a direct comparison with the market's performance.

Which of the Following Is True Regarding Modigliani-Squared