Examlex
The transition between premodern and anatomically modern forms of humans may have occurred as early as 500,000 years ago in Africa.
Treynor-Black Model
A portfolio optimization model that blends active and passive investments to optimize risk-adjusted returns.
Alpha Coefficient
A measure of the performance on a risk-adjusted basis, identifying the excess return of an investment relative to the return of a benchmark index.
Nonsystematic Variance
The portion of an investment's total variance that is specific to the investment itself, not related to the overall market movements, and can be reduced by diversification.
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