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Jensen Measure
A performance metric that calculates the excess return of a portfolio over the predicted return by the Capital Asset Pricing Model (CAPM).
Risk-Free Return
The return on an investment with no risk of financial loss, typically associated with government bonds.
Treynor Measure
A performance metric on investment funds that accounts for the risk taken by the investment relative to the market risk as measured by beta.
Risk-Free Return
The theoretical rate of return of an investment with zero risk of financial loss.
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