Relative return is the return that an asset can achieve in the given period of time compared to the benchmark. It is the difference between the asset’s and the benchmark return.
Realized loss is the loss that is understood by trader who sells the position at a price lower than it was bought.
Range is the term describing the difference and distance between low and high prices for a security over a certain period of time. Range defines the spread of the price in a certain period of time and can indicate volatility of the price.
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