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Like lambda and gamma,Spearmans' rho can be interpreted by the logic of
Capital Component
One of the elements of a company's capital structure, such as equity or debt, which represents sources of financing.
Underlying Security
A stock, bond, commodity, or other asset upon which options and other derivatives are based or derived.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with fixed dividend payments.
Common Equity
The amount of money that would be returned to shareholders if all the assets were liquidated and all the company's debt was paid off.
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