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Jed has been working so hard that he forgot Abby's birthday.Though Abby is disappointed,she is not hurt.She decides that he forgot her birthday because he is so dedicated to his work,not because he does not care about her.Abby is engaged in _____,by making a _____ attribution.
Rate of Return
The gain or loss on an investment over a specified period, expressed as a percentage of the investment’s cost.
Portfolio Beta
A measure of the volatility of a portfolio compared to the market as a whole, indicating the expected percentage change in a portfolio's value for a 1% change in the market.
Alpha
A measure of the active return on an investment, gauging how much a portfolio or fund outperforms or underperforms its benchmark index.
Hedge Fund
An investment fund that employs various strategies to produce high returns, including leverage, short-selling, and derivatives, accessible typically to wealthy investors.
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