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Elevation Is a Balance Between

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Elevation is a balance between


Definitions:

Correlation

A statistical measure that describes the extent to which two variables change together, and thus how well one variable can predict the other.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, often used in financial metrics like WACC.

Standard Deviations

A measure of the dispersion or variation in a set of values, used to indicate volatility in financial markets.

Portfolio's Risk

The exposure to uncertainty and potential financial loss inherent in a portfolio, influenced by the volatility and correlation of its individual investments.

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