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Chartered Investment Manager (CIM) Practice Exam · Question

Sharpe ratio formula:

Excess return per unit total risk. The correct answer is "(Rp − Rf) / σp". This reflects the accepted standard for the cim assessment and aligns with the offici

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Question: Sharpe ratio formula:

Answer options: ✅ (Rp − Rf) / σp

  • Rp / β
  • Rp − Rb
  • Rp × β

Correct answer: (Rp − Rf) / σp

Explanation: Excess return per unit total risk. The correct answer is "(Rp − Rf) / σp". This reflects the accepted standard for the cim assessment and aligns with the official handbook for this competency.

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