Examlex
Which of the following is NOT contained in a typical time-phased budget?
Beta
A measure of a stock's volatility in relation to the overall market; a beta above 1 indicates the stock is more volatile than the market.
Expected Return
The average of all possible returns from an investment, weighted by their probabilities.
Market
A venue where goods, services, or financial instruments are exchanged between buyers and sellers, either physically or electronically.
Beta
An indicator of a stock's fluctuation compared to the general market, where a beta above 1 signals increased volatility.
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