Examlex
Explain what is meant by "vicarious performance."
Volatile Returns
Refers to the significant ups and downs in the value of an investment over a short period.
Arbitrage Opportunity
A situation where a trader can make a profit from the price difference of an asset in different markets or forms without taking significant risk.
Risk-free Rate
The theoretical return of an investment with zero risk, often represented by the yield on government bonds.
Beta
A measure of a stock's volatility in relation to the overall market; a beta above 1 indicates greater volatility than the market, while a beta below 1 suggests less.
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