Examlex
Generally,COBRA affects employers with more than 20 employees.
Beta
A benchmark for the changeability, or structural risk, found in a security or an assemblage of investments measured against the overall market.
Portfolio Variance
A measure used in finance to quantify the volatility from the mean return of a portfolio, indicating the spread of its returns.
Cyclical Stock
A stock whose price is affected by macroeconomic changes in the overall economy and tends to rise and fall with the business cycle.
Countercyclical Stock
A stock whose performance is inversely related to the economy's performance, typically doing well during economic downturns.
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