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Under the Sharpe, Treynor, and Jensen approaches, the return measurement must be compared to risk in some form.
Tropical Waters
Warm ocean water found near the equator, characterized by high temperatures and supporting diverse marine life.
Zooxanthellae
Photosynthetic algae found in close symbiotic relationships with marine invertebrates such as corals and sea anemones.
Microscopic Algae
Tiny, often unicellular algae, not visible to the naked eye, that live in water and can perform photosynthesis.
Phytoplankton
Microscopic floating algae and cyanobacteria that are the base of most aquatic food webs. Compare with zooplankton. See plankton and nanoplankton.
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