Examlex
Which of the following cannot be selected as a valid tax year end?
Nominal Return
The amount of profit or loss generated by an investment without adjusting for inflation or other factors.
Inflation
The pace at which the overall price level of goods and services increases, leading to a decrease in buying power.
Sharpe Ratio
A measure to evaluate the performance of an investment compared to a risk-free asset, after adjusting for its risk. It’s calculated by subtracting the risk-free return from the return of the investment and dividing by the investment's standard deviation.
Small U.S. Stocks
Refers to shares of smaller companies in the United States, typically characterized by a lower market capitalization.
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