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A high Sharpe ratio indicates a better risk","page_number":4,"box":{"x":234,"y":283,"width":382,"height":9}},{"id":"677e2c08-8acc-49ec-9c74-76de3c018b5b","block_type":"box","text":"-","page_number":4,"box":{"x":618,"y":287,"width":3,"height":1}},{"id":"08918dd5-e8f3-44f4-b217-c5f77874a3c6","block_type":"box","text":"adjusted return. The ratio is designed to measure how","page_number":4,"box":{"x":622,"y":283,"width":320,"height":9}},{"id":"2eace699-5d4d-45b3-9b37-1bbeaebc99c5","block_type":"box","text":"far a portfolio’s return can be attributed to fund manager skill as opposed to excessive risk taking.","page_number":4,"box":{"x":44,"y":294,"width":576,"height":9}},{"id":"fac9053a-c1ff-4ebf-a3ad-72dd40486d5b","block_type":"box","text":"Standard deviation","page_number":4,"box":{"x":45,"y":310,"width":119,"height":7}},{"id":"95ab6143-cb92-40db-92b6-0c794f108f08","block_type":"box","text":"A statistic that measures the variation or dispersion of a set of values/data. 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