Examlex
Smart Sam can make a $200 investment that yields $1000 50% of the time and $0 50% of the time.What is his expected return on the investment?
Standard Deviation
A statistical measure that represents the dispersion or variability of a data set or investment returns around the mean.
Covariance
A measure of the degree to which two variables move in relation to each other. It can indicate if the movements are positively or negatively correlated.
Portfolio
A collection of financial investments like stocks, bonds, commodities, and cash equivalents owned by an individual or institutional investor.
Expropriation
The act of a government taking privately owned property, often without fair compensation, for the public good.
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