Examlex
The first important Western university, established by Emperor Frederick I Barbarossa in 1158, was in ________.
Nonsystematic Variance
The variability in a security's or a portfolio's returns that is not related to overall market movements.
Market Index
A method or metric to measure the performance of a group of stocks, representing a particular market or sector, to give investors a snapshot of its overall health.
Active Portfolio
An investment strategy where the portfolio manager makes specific investments with the goal of outperforming an investment benchmark index.
Nonsystematic Variance
The portion of a security's variance that is unique to the specific security and can be mitigated through diversification.
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