Examlex
Which of the following statements regarding the "Era of Good Feelings" is not true?
Mean/Variance
Framework used in finance to assess portfolios by evaluating their expected returns against their risk, measured by variance or standard deviation.
Sharpe Ratio
A measure that indicates the average return minus the risk-free return, divided by the standard deviation of return on an investment, used to understand the return of an investment compared to its risk.
Treynor Measure
A financial metric used to assess the returns of an investment compared to its risk, specifically accounting for systematic risk with the market as a benchmark.
Jensen Alpha
A performance metric that represents the average return on a portfolio or investment above or below that predicted by the capital asset pricing model (CAPM), based on the market risk.
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