Examlex
Contrast a "bad" failure from a "good failure."
IRR
Internal Rate of Return; a metric used in capital budgeting to estimate the profitability of potential investments.
Probability Distributions
A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.
Portfolio Theory
A body of thought aimed at forming investment portfolios that minimize risk for a given return.
Risk Adjusted Returns
Financial returns that have been modified to consider the risk involved in achieving those returns, allowing for a more accurate comparison of different investments.
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