Arbitrage and The APT
Arbitrage is the practice of taking positive expected return from overvalued or undervalued securities in the inefficient market without any incremental risk and zero additional investments.
Read more about this topic: Arbitrage Pricing Theory
Famous quotes containing the word apt:
“My love is thine to teach; teach it but how,
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Any hard lesson that may do thee good.”
—William Shakespeare (15641616)
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