* A measure of performance on a risk-adjusted basis.
Discount Risk: A situation where a particular investor, either an individual or firm, decides to receive less of a return on their investment in exchange for less risk.
Beta: a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. The beta of the market is 1.00 by definition.
Shorts: an investment strategy where the investor sells shares of borrowed stock in the open market.