What are the figures representative of in the equation Z = (R-U)/St Dev?
R = Return obviously but what is the U?
It’s probably not a U.
It’s probably a _ mu _ (μ): the mean return.
What are the figures representative of in the equation Z = (R-U)/St Dev?
R = Return obviously but what is the U?
It’s probably not a U.
It’s probably a _ mu _ (μ): the mean return.