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Is the Sharpe ratio real? · Part 2 of 3
A strategy’s daily returns over four years, 1,008 trading days at 252 a year, give an annualised Sharpe ratio of 1.0. Treat the daily returns as independent and identically distributed.
What is the approximate standard error of the annualised Sharpe estimate, to two decimal places?
Answer with a number. Fractions, powers and expressions like 23/6 or C(52,5) are read correctly in practice.
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