Examlex
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Market Efficiency
describes a market in which asset prices fully reflect all available information at any given time, making it impossible to consistently achieve higher returns.
Unexpected Return
The difference between the actual return of an investment and the expected return, usually arising from unexpected factors or events.
Expected Return
The anticipated return on an investment, accounting for the probabilities of different outcomes, including gains and losses.
Total Return
The overall financial benefit (or loss) of an investment over a specified period, including both capital gains and dividends.
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