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Which British colony served as a model for later European endeavors by developing the colony's infrastructure to maximize profits from trade?
Expected Return
The weighted average of all possible returns for an investment, with weights being the probabilities of each outcome.
Standard Deviation
A statistical measure of the dispersion of returns for a given security or market index, indicating how much returns can deviate from the average return.
Correlation
A statistical measure indicating the degree to which two variables' movements are associated with each other, ranging from -1 (perfect negative correlation) to 1 (perfect positive correlation).
Time Diversification
An investment strategy that spreads exposure across different periods to reduce risk associated with market volatility.
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