Examlex
Examine the role of music in defining "the distinct character of America's regions [...]"
Essay
Risk-Adjusted Basis
A method of calculating returns or performance that accounts for the level of risk associated with an investment.
Market Proxy
A stock market index or a similar benchmark used to represent the overall movement of the market.
Mean/Variance Efficient
Describes a portfolio that offers the highest expected return for a given level of risk or the lowest risk for a given level of expected return.
CAPM
Stands for Capital Asset Pricing Model, a formula used to determine the expected return on an investment based on its risk relative to the market.
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