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A prima facie case:
Firm-Specific Events
Occurrences that affect only a particular company or industry, in contrast to market-wide events that impact the broader economy or financial markets.
Single-Index Model
A simplified way to estimate the return on a security based on its sensitivity to a single market index.
Security Returns
The gains or losses from investing in a financial security, usually expressed as a percentage of the investment's initial cost.
Macro Events
Large-scale events that affect the broad economy or financial markets, including political changes, natural disasters, or widespread economic shifts.
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