Examlex
Which statement is correct regarding the transfer of contractual rights?
Jensen Alpha
A performance metric that represents the average return on a portfolio or investment above or below that predicted by the capital asset pricing model (CAPM), based on the market risk.
Performance
The evaluation of the returns provided by an investment over a certain period in relation to its risk.
Portfolio Manager's Ranking
A rating or ranking system used to evaluate the performance of a portfolio manager, often based on factors such as return on investment, risk management, and adherence to investment strategy.
Comparison Universe
A benchmark or set of comparable entities or investments used to evaluate the performance of a particular asset or portfolio.
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