Examlex
When calculating a partial year's depreciation,the length of time an asset has been owned usually is rounded to the nearest month.This rounding practice is justified by the principle or rule of
Managed Portfolio
An investment portfolio that's actively managed by a professional, aiming to achieve specified investment goals.
Alpha
A metric used to measure the performance of an investment relative to a benchmark, reflecting the excess return of the investment compared to the overall market performance.
Time-Weighted Return
A method of calculating investment returns that eliminates the effects of cash flows into and out of the portfolio, focusing solely on the investment's performance.
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