Examlex
Harvey Cushing, M.D., and William Bovie, Ph.D., collaborated in the 1926 to create the first:
Mean-Variance Optimizers
Tools used in finance to allocate assets in a portfolio in a way that maximizes return for a given level of risk based on the expected returns and variances of those assets.
Fully Informed
A state or condition where all relevant information is known to all parties involved.
Security-market Line
A graphical representation of the relationship between expected return and beta (systematic risk) of an investment.
Capital-market Line
A line on a graph representing the rates of return for efficient portfolios that optimally balance risk and return, based on the risk-free rate and the market portfolio.
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