Tag: measures
Tainted Alpha
What is 'Tainted Alpha' An alpha return that cannot be attributed solely to the money manager due to consequential beta exposure. Tainted...
Tax Avoidance
DefinitionTax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax...
Tangible Book Value Per Share (TBVPS)
What is a 'Tangible Book Value Per Share - TBVPS' A tangible book value per share (TBVPS) is a method of valuing...
Days Sales Outstanding (DSO)
What is 'Days Sales Outstanding - DSO' Days sales outstanding (DSO) is a measure of the average number of days that a...
Dividend Yield
DefinitionThe dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a...
The Concept of Effective Duration
The concept of effective duration is a way to evaluate a bond's price sensitivity to changes in interest rates. It accounts for the uncertainty...
Debt to Equity Ratio
DefinitionThe debt-to-equity ratio is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets. Closely related...
Unallocated Benefit
Most people have heard of unallocated benefits, but don't really know what they are or how they work. In this post, we will explore...
Real Gross Domestic Product (GDP)
What is the 'Real Gross Domestic Product (GDP)' Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of...
Outstanding Shares
DefinitionShares outstanding are all the shares of a corporation or financial asset that have been authorized, issued and purchased by investors and are held...