Excess returns are returns achieved that are more significant than the return of a proxy. Excess returns will depend on a designated investment return comparison for analysis.

This article is the first part of a five-part series. I'll go over each of these concepts in greater detail, starting with risk-adjusted returns. What Are Risk-Adjusted Returns? When investing, it's ...

Most investors think of risk and returns one-dimensionally, as a line: as returns get higher, so does risk in lockstep. More sophisticated investors understand that investments actually have many ...