Definitions Portfolio Analysis
| Abreviations |
Definitions |
Alpha |
Is the component of security's return that is independent of de market's perfomance |
Beta |
Is a constant that measures de expected change in RateReturn, given a change in RateReturn on the market |
DS |
Standard deviation of long-term growth estimates |
Earning |
Average earnings per share |
Excess |
Excess Return over Beta (Earning - EarningMarket)/Beta |
Rsquare |
Coeficiente of determination (for perfect fit Rsquare 1 , Rsquare 0 fit represents no improvement) |