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You have a new e-book reader and you are expecting to be away on a long hike with it. How many hours of reading can you get from it before needing to recharge it?
Variance
In statistics, the measure of dispersion within a data set, representing the average of the squared differences from the mean.
Recessionary Period
A phase in the business cycle where the economy declines and is marked by reduced industrial activity, widespread unemployment, and falling prices or stagnant growth.
Portfolio Beta
A measure of the volatility, or systematic risk, of a portfolio of investments compared to the overall market.
Market Portfolio
A theoretical bundle of all investable assets in the market, with each asset weighted according to its market capitalization.
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