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excess returns


Definition
Returns in excess of those required by some asset pricing model, or a market measure such as the S&P 500, or the risk-free return.

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Why Secular Trends May Hurt Some Companies and Benefit Others?The secular trend in healthcare is cost containment. How do you slow the growth in the total cost of healthcare as a percentage of GDP? The convergence of secular trends in healthcare will not be posi ... Read more


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