Excess Portfolio Returns

Excess Portfolio Returns
   The return on a portfolio over and above a 'risk-free' rate (such as the yield on US Treasury bills).
   ► See also Portfolio.

Financial and business terms. 2012.

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  • Excess Returns — Investment returns from a security or portfolio that exceed a benchmark or index with a similar level of risk. It is widely used as a measure of the value added by the portfolio or investment manager, or the manager s ability to beat the market.… …   Investment dictionary

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  • Modigliani risk-adjusted performance — or M2 or M2 or Modigliani–Modigliani measure or RAP is a measure of the risk adjusted returns of some investment portfolio. It measures the returns of the portfolio, adjusted for the deviation of the portfolio (typically referred to as the risk) …   Wikipedia

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