Examlex
A ________ is a specialized accounting book, where transactions are categorized according to type. For example, all utility transactions are recorded in the same category.
Negative Beta Value
Indicates an investment's return moves opposite to the market's return, suggesting a potential risk-reducing benefit in a diversified portfolio.
Risk-Reducing Property
A characteristic of investment diversification that helps in lowering the overall risk of a portfolio.
Theoretical
Based on or involving theory; not practical or applied, but focused on understanding and explaining phenomena.
Beta Coefficient
A measure of a stock's volatility in relation to the overall market, indicating the risk associated with the stock's returns.
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