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Open structures have arisen to take advantage of industrialization and mass production.
Holding-Period Return
The total return received from holding an asset or portfolio of assets over a period of time, considering both price appreciation and dividends/interest.
Bond
A security issued by a borrower that obligates the issuer to make specified payments to the holder over a specific period. A coupon bond obligates the issuer to make interest payments called coupon payments over the life of the bond, then to repay the face value at maturity.
Standard Deviation
A statistical measure of the dispersion or spread of a set of data points or investment returns around their mean.
Expected Return
The predicted amount of profit or loss an investment is expected to generate over a specific time period.
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