Examlex
List the three major levels of market coverage and define each of them.
Return to Risk Ratio
A measure that compares the expected returns of an investment to the risk or volatility associated with it.
Index Fund
A type of mutual fund or exchange-traded fund (ETF) designed to follow or track the components of a market index, like the S&P 500.
PHStat
PHStat is a software program used for statistical analysis, particularly in conjunction with Microsoft Excel.
Variance
A measure of the dispersion or spread of a set of values, calculated as the average of the squared differences from the mean.
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