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Ordinarily,"ignorance of the Law Is an Excuse," or a Valid

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Ordinarily,"ignorance of the law is an excuse," or a valid defense to criminal liability.


Definitions:

Beta Coefficients

Statistical measures indicating the volatility of a stock or portfolio in comparison to the volatility of the overall market.

Industry Group

A classification of companies that conduct similar types of business, used for analysis and comparison within the stock market.

Dividend Yield

The annual dividend payment expressed as a percent of the stock price.

Index Model

A financial model that relates a stock's returns to the returns of a broader market index, used to estimate the stock's beta and expected returns.

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