Examlex
The basic conjoint analysis model expressing the fundamental relationship between attributes and utility in conjoint analysis is shown below:
What does Xij represent?
Market Portfolio
encompasses all available assets in the market, with each asset weighted according to its market capitalization.
Portfolio Variance
A measure of the dispersion of returns of a portfolio, indicating the level of investment risk.
Cyclical Stock
Shares of companies whose earnings are heavily influenced by economic cycles, often rising during expansions and falling during recessions.
Countercyclical Stock
A stock of a company whose performance is inversely related to the economy's overall performance; it tends to do well during economic downturns.
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