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Specific Return

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Specific Return
The part of the excess return not explained by common factors. The specific return is independent of (uncorrelated with) the common factors and the specific returns to other assets. It is also called the idiosyncratic return.

Specific Return
The return on an asset or investment over and above the expected return that cannot be explained by common factors. That is, the specific return is the return coming from the asset or investment's own merits, rather than the merits common to other, similar assets or investments. It is also called the idiosyncratic return.


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With these products you invest for a fixed period of time; one year, two years, five years for example, and the fund guarantees a specific return.
The new model can chart the pattern of extreme waves "with a greater degree of reliability", by studying 'significant wave height' (Hs) in relation to a specific return period.
So Jonny Wilkinson, Mathew Tait and Toby Flood will certainly not be available for either the Bristol or the Bath matches, and no-one will be rushing to do any more than pencil in a specific return date.
 
 
 
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