Calculate treynor measure of fund performance for mars

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The following information relates to two investment funds (Mars and Venus) and the market index: 

 

 Annual Return 

Standard deviation of Return 

Covariance of Return with Market 

Mars 

11% 

28% 

0.04

Venus 

8% 

25% 

0.02

Market index 

9% 

22% 

 

Risk-free rate 

3% 

 

 

Calculate Treynor's measure of fund performance for Mars, Venus, and the market index. How have the two funds performed relative to the market index? 

Reference no: EM133111086

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