An index that captures the deviation between actual income and trend income. The higher the index, the more unstable (less...

The weighted average of betas of stocks or businesses in the same industry group. It is a proxy for systematic...

An independent return factor that comes about from sources other than the usual beta returns (which per se result from...

A hedge fund that doesn't hedge, whether partially or fully. A beta fund maintains some exposure to the market without...

It stands for beta and volatility adjusted return; BAVAR ratio is a risk-return measure that is derived from the Sharpe...

An independent return factor that comes about from sources other than the usual beta returns (which per se result from...

The empirical tendency of higher interest rate currencies' return to outperform the return of lower rate currencies. This can be...

A value of beta (systematic risk measure) that is constructed artificially when market-generated betas are not available (or cannot be...

A method of transporting the active return (alpha) among asset classes by separating and transporting uncorrelated incremental returns from one...

This second-order greek expresses the quality of gamma in terms of the time decay (rent). Therefore, it indicates the quality of the earnings from...