Examlex
Oralia agrees to babysit Avery's daughter "when I can" if Avery promises to clean Oralia's house every week.This agreement is ________ because it is based on a(n) ________.
Macroeconomic Forecasts
Predictions regarding the future state of an economy based on analysis of variables like GDP, inflation, and unemployment rates.
Sharpe Measure
A calculation used to understand the return of an investment compared to its risk, defined by the difference between the returns of the investment and the risk-free return, divided by the standard deviation of the investment returns.
Information Ratio
Ratio of alpha to the standard deviation of diversifiable risk.
Active Portfolio
A portfolio management strategy where an investment manager makes specific investments with the goal of outperforming an investment benchmark index.
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