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Beta
An indicator of how much the risk of a security or a portfolio, known as systematic risk, fluctuates in relation to the overall market.
Expected Rate of Return
This refers to the anticipated gain or loss of an investment, expressed as a percentage of the investment's initial cost.
Probability
A measure of the likelihood that an event will occur, quantified as a number between 0 and 1.
Payoff Matrix
A Payoff Matrix is a table that shows the possible outcomes of different strategies in a strategic situation or game.
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