Examlex
Which of the following does NOT describe the North American Industry Classification System (NAICS) ?
Portfolio Beta
A measure of the overall market risk or volatility of an investment portfolio relative to the market as a whole.
Common Stocks
Equity securities representing ownership shares in a corporation, giving holders voting rights and a claim on profits.
Risk-Free Rate
The theoretical return on an investment with no risk of financial loss, typically represented by the yield on government securities.
Required Return
Required return is the minimum expected return by investors for investing in a stock, bond, or another security, considering its risk.
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