Examlex
Star dunes are isolated hills of sand formed by changing wind directions.
Portfolio Volatility
A measure of the dispersion of returns for a given security or market index, indicating how much the total value of the portfolio's assets fluctuates over time.
Individual Assets
Distinct items of property or investments owned by individuals, such as stocks, bonds, real estate, or personal property.
Utility Function
A mathematical representation in economics of a consumer's preference ordering over a set of goods or outcomes.
Risk-Free Asset
An asset with a certain rate of return; often taken to be short-term T-bills.
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