Examlex
PPG Industries is a producer of glass for windows. It likely sells its products in the consumer market.
Standard Deviation
A statistical measure of the dispersion or variability of a set of data points, representing the average difference from the mean; widely used in finance as a measure of investment risk.
Arbitrage Opportunity
The chance to buy an asset at a low price in one market and simultaneously sell it at a higher price in another, securing a risk-free profit.
Long-short Equity Fund
A type of investment fund that takes both long and short positions in stocks, aiming to profit from increases in the prices of some stocks and decreases in the prices of others.
Risk-free Rate
The theoretical rate of return on an investment with zero risk, typically represented by U.S. Treasury securities.
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