Examlex
____ measure(s) observable and unobservable characteristics.Achievement tests,aptitude tests,and intelligence tests are examples of ____.
Diversified Portfolio
An investment strategy that spreads investments across various assets to reduce risk.
ETFs
Exchange-Traded Funds, which are investment funds traded on stock exchanges, much like stocks.
Turnover Ratio
A measure of how frequently investments or inventory are bought and sold within a given period, indicating the liquidity or activity level.
Average Daily Assets
The mean value of assets held over a specified period, calculated by taking the sum of daily asset values and dividing by the number of days in the period.
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