Examlex
When numbers are assigned by category, this reflects an ordinal scale of measurement.
Stock
A type of security that signifies ownership in a corporation and represents a claim on part of the company's assets and earnings.
Black-Litterman Model
A portfolio allocation model that combines expected returns based on equilibrium assumptions with the views of an investor.
Portfolio Manager
A professional responsible for making investment decisions and overseeing a portfolio of assets to achieve the investment objectives of their clients or institution.
Tracking Error
A measure of the deviation from the performance of a benchmark by an investment portfolio.
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