Written by Jake Dwyer
Updated over a week ago

Rev. Date May 29, 2019

The Sharpe Ratio is a measure of risk-adjusted return; it is the average return earned in excess of the risk-free rate per unit of volatility or total risk and is calculated as:

Reference:
Sharpe, William F. "The Sharpe Ratio." The Journal of Portfolio Management 21.1 (1994): 49-58.
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