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Investment Insurance
A financial product or strategy that provides protection against losses in one's investment portfolio, often through methods such as hedging or insuring a certain value of assets.
Portfolio Of Stocks
A collection of stocks owned by an individual or institution designed to reduce risk through diversification.
Protective Put
An options strategy where an investor holds a position in a stock and purchases a put option on the same stock to protect against a decline in its price.
Gross Profit
The difference between sales revenue and the cost of goods sold, before deducting overheads, payroll, taxation, and interest payments.
Q2: All Markov chains have steady-state probabilities.
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