Examlex
____ refers to understanding right from wrong and choosing to do the right thing.
Jensen Portfolio Evaluation Measure
The Jensen Portfolio Evaluation Measure is a performance metric that assesses the return of an investment portfolio while adjusting for risk, comparing it to the expected return of the market with a given risk level.
CAPM
The Capital Asset Pricing Model is a theoretical framework that explains how the expected return on assets, especially stocks, is related to their systematic risk.
Measure of Return
A financial metric used to quantify the performance of an investment by assessing the gain or loss it generates.
Unit of Risk
A Unit of Risk quantifies the exposure to potential loss in an investment, typically measuring the volatility or variability of returns over a specified period.
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