Examlex
Crankshaft position (CKP) sensors are being discussed. Technician A says the sensor consists of a variable reluctance sensor. Technician B says the sensor produces a DC voltage signal. Who is correct?
Expected Return
The probability-weighted average of the possible outcomes.
Risk Premium
The extra return above the risk-free rate that investors require as compensation for the risk of an investment.
Alpha
In investing, alpha is the measure of an investment's return relative to a benchmark index's performance, representing the value that a portfolio manager adds or subtracts from a fund's return.
Beta
A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates greater volatility than the market.
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