超额回报率 meaning in English
excess returns
Examples
- In any case , the most important task is to define the role of the depositary and the independent directors regardless which structure has been chosen . at least in the context of open - end funds , it is possible that the regulatory authority could conclude after sufficient experience that a contractual structure , utilizing a strong depositary without independent directors , would be sufficient to safeguard the interests of investors
如果说emh回答了已知的信息对获利没有价值的结论，那么capm则说明市场上的超额回报率是由于承担更大的风险才形成的结论，因而在一定程度上capm补充了emh的理论空白和可能的漏洞。