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Unadjusted Beta
A beta calculation that has not been modified to account for a company's specific volatility or the fiscal environment, reflecting the raw historical volatility of a stock.
Mean-Variance Efficient Portfolio
A portfolio that offers the highest expected return for a given level of risk or the lowest risk for a given level of expected return.
Sensitivity Coefficients
Sensitivity coefficients measure the responsiveness of an asset's return to changes in underlying market factors or risks.
Macroeconomic Factor
A variable that impacts the economy at a large scale, influencing economic outcomes like growth rates, unemployment, and inflation.
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