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An Insurance Company Evaluates Many Numerical Variables About a Person

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An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance.The number of tickets a person has received in the last 3 years is an example of a numerical variable.


Definitions:

Portfolio's Beta

An indicator of the fluctuation or inherent risk of a portfolio relative to the overall market.

S&P500 Value

The total market value of the 500 stocks that make up the S&P 500 index, a leading indicator of U.S. equities and a reflection of the performance of the large-cap sector.

Portfolio Value

The total worth of all the investments held in an individual's or entity's investment portfolio at a given time.

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