Use Exact Interest

question 1

Short Answer

Use exact interest:

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Definitions:

Beta

A measure of a stock's volatility in relation to the overall market; a beta above 1 indicates the stock is more volatile than the market, while a beta below 1 indicates the stock is less volatile.

Nonlinear Factor Exposures

Nonlinear Factor Exposures refer to investment sensitivities to market factors that do not change in a straight-line (linear) relationship with the market's movements.

Down-Market Betas

Measures of how securities or portfolios perform relative to a benchmark during market downturns, reflecting their sensitivity to negative market movements.

Up-Market Betas

Measures of an asset's sensitivity to market movements, particularly during periods of rising market prices.