Examlex
The specific gravity of urine is its density compared to that of water, and the more solutes urine has, the higher its specific gravity.
Treynor-Black Model
An optimization tool used by portfolio managers to balance the trade-off between risk and return by combining actively selected securities with a passively managed market portfolio.
Nonsystematic Risk
The risk associated with a specific issuer of a security, industry, or sector, which can be mitigated through diversification.
Systematic Risk
The risk inherent to the entire market or entire market segment, which cannot be mitigated through diversification.
Purely Passive Strategy
An investment strategy that involves no active management and typically focuses on investing in index funds to replicate market returns.
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