FraNone

FraNone is a statistical measure used in finance to assess the relative value and potential risk of a particular investment, especially in the context of portfolio management. It evaluates how an asset’s return compares to a benchmark while accounting for the volatility or risk involved. Essentially, FraNone helps investors understand whether an asset is providing good returns for its level of risk, facilitating better decision-making. It's a tool to gauge if an investment’s reward justifies its risk compared to a standard or market average.