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Assume we can record spatially related neural activity from the entorhinal cortex and hippocampus of human. You are on vacation in London and have a map to find the Tower of London (you also do not have a smartphone).
A. What spatially related activity would you see in the entorhinal cortex as you are walking around London with your map with Cartesian coordinates?
B. What activity pattern would you see in the hippocampus as you were moving toward your destination?
C. Once you arrived at the Tower of London you find you need to move to the gate that is in the neighboring wall and so you have to walk along one wall of a building. What activity pattern would you see in the entorhinal cortex?
Market Index
An indicator used to represent the performance of specific sectors or the market as a whole, often compiled from a set of selected stocks.
Active Portfolio
A portfolio that undergoes frequent trading and adjustments by a manager in an attempt to outperform the market or a specific benchmark.
Treynor-Black Model
A portfolio optimization model that blends a passive and an active portfolio for potential risk-adjusted returns superior to the market.
Alpha Coefficient
A measure of the performance on a risk-adjusted basis, calculating how much a portfolio or investment has returned in comparison to the overall market or a benchmark index.
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