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Dysfunctions are the intended result of a particular function in society.
Risk-Free Rate
The return on an investment with zero risk of financial loss, typically represented by the yield of government bonds.
Beta
A measure of a stock's volatility in relation to the overall market; a beta above 1 indicates that the stock is more volatile than the market, while a beta below 1 indicates it is less volatile.
Unadjusted Beta
Unadjusted beta is the raw beta value of a security or portfolio without any adjustments for its specific risks and characteristics, typically used as a measure of its volatility against the market.
Adjusted Betas
Betas that have been modified to account for the tendency of a stock's market risk measure to regress towards the mean over time, used in finance to predict future betas.
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