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Directing includes
Single-Index Structure
A model used in finance to describe the returns of a portfolio or asset as a function of a single market index.
Firm-specific Variances
Variability in a company's stock price or financial performance that is attributable to internal factors unique to the company, rather than broader market influences.
Macroeconomic Factor
A Macroeconomic Factor is a condition or variable that impacts the economy at a broad scale, including inflation, unemployment, and economic growth rates.
Single-Index Structure
A model used in finance to describe the returns of a portfolio using a linear relationship between the return of the portfolio and the return of a market index.
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