Examlex
-You are trying to decide between three mutually exclusive investment opportunities. The most appropriate tool for identifying the correct decision is ________.
Positive Earnings Surprises
Occurs when a company's reported earnings exceed analysts' expectations.
Abnormal Return
The difference between the actual return of an investment and the expected return given its risk profile and market performance.
Price Drift
The slow and incremental movement in the price of an asset, reflecting gradual changes in investors' valuation over time.
Contrarian Approach
An investment strategy that involves going against prevailing market trends or sentiments, buying underperforming assets, and selling when they perform well.
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