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When the amount of melting equals the amount of accumulation, the glacier is in equilibrium and is
Beta
A measure of a stock's volatility in relation to the overall market, indicating the stock's risk in comparison to the market average.
Selection Within Markets
The strategy of selecting specific securities for investment within a particular market or sector to optimize returns.
Abnormal Return
Abnormal return is the difference between the actual return of a security and its expected return, based on risk and market performance, indicating performance indicative of events or conditions unique to that security.
Bonds
A type of fixed-income investment where an investor loans money to an entity (corporate or governmental) which borrows the funds for a defined period at a variable or fixed interest rate.
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