Examlex
No survey has yet been conducted to study the reasoning of federal judges during
the sentencing process for white collar offenders.
Monthly Excess Returns
Returns from an investment over and above the risk-free rate of return on a monthly basis, used to evaluate investment performance.
Nondiversified Investor
An investor who concentrates their investment in a limited selection of assets, increasing risk compared to diversified strategies.
Expected Excess Return
The return expected on an investment over and above the risk-free rate, taking into account both the risk involved and the time value of money.
Beta
A measure of a stock's volatility in relation to the overall market; it indicates the risk associated with a particular equity in comparison to the market as a whole.
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