Examlex
Which of the following statements is true?
Geometric Returns
The average rate of return per period on an investment, calculated by compounding the returns over time.
Excess Returns
The return on an investment minus the return on a benchmark, indicating the performance of the investment relative to the market.
Historical Standard Deviation
A statistical measure that quantifies the variability or dispersion of a set of past data points.
Small Stocks
Shares of relatively small companies, which may offer higher growth potential but also come with higher risk.
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