Related Words

Folio: Written or electronic record of hotel guest’s account of financial transactions within the property.

Portfolio Turnover: Portfolio turnover is the rate at which a mutual fund manager buys or sells securities in a fund, or an individual investor buys and sells securities in a brokerage account. A rapid turnover . . . View Full Definition

Mean-Variance Efficient Portfolio: Related: Markowitz efficient portfolio

Minimum-Variance Portfolio: The portfolio of risky assets with lowest variance.

Normal Portfolio: A customized benchmark that includes all the securities from which a manager normally chooses, weighted as the manager would weight them in a portfolio.

Portfolio Manager: A portfolio manager is responsible for overseeing a collection of investments, either for an institution — such as a mutual fund, brokerage firm, insurance company, or pension fund — or for . . . View Full Definition

Markowitz Efficient Set Of Portfolios: The collection of all efficient portfolios, which can be graphed as the Markowitz efficient frontier.

Portfolio R2: Used in the context of general equities. Number between 0 and 1 that measures the strength of correlation of movement between the portfolio/stock and the index. Indeed, the R2 is the square . . . View Full Definition

Market Portfolio: A portfolio consisting of all assets available to investors, with each asset held in proportion to its market value relative to the total market value of all assets.

Markowitz Efficient Portfolio: Also called a mean-variance efficient portfolio, a portfolio that has the highest expected return at a given level of risk.