Definitions for "Excess return"
Keywords:  benchmark, capm, riskless, return, free
The amount by which the return on an investment is greater than the risk free rate of return.... more on: Excess return
return relative to the risk free return. If an asset return is 3% and the risk free return is 0.5%, then the asset's excess return is 2.5
Any return over the return produced by cash.