Examlex
________ can result in powerful competitive advantages.
Hedge Funds
Private investment funds that use a range of strategies to achieve returns, including diversification, leveraging, and derivatives.
Treynor Measure
A performance metric for determining how well an investment portfolio compensates the investor for taking risk, relative to the market as a whole.
Standard Deviation
A statistic that measures the dispersion or variation of a set of values from its mean, indicating how spread out the values are.
Beta
A measure of a stock's volatility in relation to the overall market; a beta higher than 1 indicates higher volatility than the market.
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