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How can we identify political complexity in the archaeological record?
Characteristic Line
In finance, it's a line generated in a scatterplot by regressing the returns of a security against the returns of the market, used to assess the security's sensitivity to market movements.
T-Bills
Short-term debt securities issued by the U.S. Treasury to finance government spending, seen as low-risk investments.
Market Portfolio
A theoretical bundle of investments that contains all available assets in the market, representing the entire investment universe at a given time, used in financial theory to model returns.
Jensen's Measure
A performance evaluation tool that measures the excess return a fund generates over its expected return, given its risk level.
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