Examlex
The term ______________refers to the everyday, secular, or "worldly" aspects of life. Secular beliefs have their foundation in scientific knowledge or everyday explanations.
Comparison Universe
A set of similar investment options or benchmarks used for evaluating the performance or characteristics of a specific investment.
Jensen Measure
A performance evaluation method that measures the excess returns a portfolio generates over its expected return, given its level of market risk.
Absolute Measure
A term used in finance to describe a statistical measure that is not relative but quantifies an actual amount or change.
CAPM
The Capital Asset Pricing Model, a theory used in finance to determine a theoretically appropriate required rate of return of an asset, considering risk and the time value of money.
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