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Some American politicians blame undocumented immigrants as being solely responsible for the high levels of unemployment and economic instability in the United States. Such political positions, however, overlook the complexity of the U.S. economy, promote prejudice toward certain groups of immigrants, and serve as a prime example of the:
Sharpe Measure
A metric that evaluates the risk-adjusted return of an investment by comparing its excess return (over risk-free rate) to its standard deviation of returns.
Residual Standard Deviation
A measure of the amount of variance in a dataset or model that is not explained by the predictive variables or the model itself, often used in regression analysis.
Beta
A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher volatility.
Treynor's Measure
A performance metric for determining how well an investment compensates the investor for its risk, comparing returns to the market portfolio.
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