Examlex
According to William Baxter,there is an optimal level of pollution that would best serve society's interests.
Volatility
The degree of variation of a trading price series over time, usually measured by the standard deviation of logarithmic returns.
Portfolio Excess Return
The return on an investment portfolio that exceeds the return of a benchmark or risk-free asset.
Standard Deviation
A statistical measure of the dispersion of a set of data from its mean, used in finance to quantify the volatility of investment returns.
Survivorship Bias
The logical error of concentrating on the people or things that "survived" some process and inadvertently overlooking those that did not because of their lack of visibility.
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