Examlex
The internet has probably decreased the number of degrees that separate us from everyone else. Why is this so? Could it also increase our separation? Why or why not?
Comparison Universe
A set of similar investment options or benchmarks used for evaluating the performance or characteristics of a specific investment.
Jensen Measure
A performance evaluation method that measures the excess returns a portfolio generates over its expected return, given its level of market risk.
Absolute Measure
A term used in finance to describe a statistical measure that is not relative but quantifies an actual amount or change.
CAPM
The Capital Asset Pricing Model, a theory used in finance to determine a theoretically appropriate required rate of return of an asset, considering risk and the time value of money.
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