Examlex
What is a major characteristic of data mining?
Interest Rate Parity
A financial theory stating that the difference in interest rates between two countries will be offset by changes in the exchange rate between their currencies.
Covered Interest Arbitrage
The practice of exploiting the interest rate differential between two countries while hedging against exchange rate risk using forward contracts.
Portfolio's Beta
A measurement that indicates the volatility, or systematic risk, of a portfolio relative to the overall market.
S&P500 Value
The numerical value representing the collective performance of the 500 largest companies listed on stock exchanges in the United States, as measured by the Standard & Poor's index.
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