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Customer satisfaction and customer loyalty lead to long-term profits and growth.
Portfolio Excess
Refers to the amount by which the return of a portfolio exceeds the return of a benchmark or risk-free rate.
Sharpe Measure
A method to assess the performance of an investment by adjusting for its risk, comparing the excess return over the risk-free rate to the standard deviation of returns.
Dollar-Weighted
A method of calculating an investment's return that takes into account the time and amount of each cash flow.
Time-Weighted
A method used in finance to measure the performance of investments by calculating the compound growth rate of the investment over a specific period, regardless of external contributions or withdrawals.
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