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APT (1)

APT (2)

Arbitrage Pricing Theory

A pricing model that seeks to calculate the appropriate price of an asset while taking into account systemic risks common across a class of assets. The APT describes a relationship between a single asset and a portfolio that considers many different macroeconomic variables. Any security with a price different from the one predicted by the model is considered mispriced and is an arbitrage opportunity. An investor may use the arbitrage pricing theory to find undervalued securities and assets and take advantage of them. The APT is considered an alternative to the capital asset pricing model.
References in periodicals archive ?
I see it as symbolic that this term fudo, for which I think the French 'milieu (humain)' is the aptest translation, (15) is made up of two ideograms 'wind' (fu) and 'earth' (do)--in other words it embodies the cosmic 'dispute' between Sky/World/Culture (16) and Earth/Nature.
By coincidence, Dominic Holland has the aptest name in comedy.
By the initial "right to all things," Hobbes was referring to what he termed the "right of nature," which is the liberty "each man hath, to use his own power, as he will himself, for the preservation of his own nature; that is to say, of his own life; and consequently, of doing any thing, which in his own judgment, and reason, he shall conceive to be the aptest means thereunto.
Beecher writes: "The family state then, is the aptest earthly illustration of the heavenly kingdom, and in it woman is its chief minister.
58) Thus form is not only the aptest expression of content, it is also built in such a unique and characteristic fashion that permanence is guaranteed which will resist any distorting substitution and will insure the same effects on successive generations of readers.
Many scholars perhaps took too literally the words of the nineteenth-century poet and abolitionist, James Russell Lowell, who characterized Foster as a "kind of maddened John the Baptist/To whom the harshest words come aptest.
Hartford: The Stowe-Day Foundation, 1991), in which she and her co-author, Catherine Beecher, write that "the family state then, is the aptest earthly illustration of the heavenly kingdom, and in it woman is its chief minister" (19).
Lions will be lions, and when one gets them in a group, "pride" does indeed seem the aptest collective noun.