Examlex
The prices at which the currency of one country can be converted into the currencies of other countries are known as _____.
Roll's Critique
A theoretical argument suggesting that it is impossible to create a truly diversified market portfolio due to the vast number of assets in existence.
CAPM
Capital Asset Pricing Model, a formula used to determine the expected return on an investment based on its risk relative to the overall market.
True Market Portfolio
A theoretical bundle of all possible investments that are weighted by market value.
Stock's Alpha
Stock's Alpha measures a stock's performance relative to a benchmark index, indicating its value added or lost against the market average.
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