Examlex
A proposition that can be tested by researchers or observers to determine if it is valid is a .
Positive Expected Return
A projection that an investment will yield a return above the initial outlay.
Risk-Free Arbitrage
The practice of profiting from price differences in different markets or forms without risk.
Benchmark Portfolio
Portfolio against which a manager is to be evaluated.
Well-Diversified
Refers to an investment portfolio that contains a wide variety of assets to minimize risk.
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