释义 |
Relative value
Relative valueThe attractiveness measured in terms of risk, liquidity, and return of one instrument relative to another, or, for a given instrument, of one maturity relative to another.Relative ValueThe value or desirability of one investment with reference to another. One may compare the relative values of many things, with start-up costs, return, risk, maturity, and liquidity being among the most popular. Comparing relative values helps investors make investment decisions that will maximize returns at the lowest possible level of risk. |