Examlex
What is the theory of purchasing power parity? What does it predict about exchange rate movements?
Value Line Index
An index that represents the performance of approximately 1,700 stocks in the Value Line Arithmetic and Geometric averages.
Equally-Weighted
An equally-weighted index strategy involves assigning each asset in a portfolio or index the same relative weight, contrasting with market-cap-weighted indexes where larger companies carry more weight.
Reward to Volatility
A measure of the return an investment provides relative to its volatility, used in evaluating the performance of an investment's risk.
Portfolio Excess
Refers to the amount by which the return of a portfolio exceeds the return of a benchmark or risk-free rate.
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