Author: | Alles, L. |
Title: | Investment risk concepts and measurement of risk in asset returns |
Journal: | Managerial Finance
1995 : VOL. 21:1, p. 15-25 |
Index terms: | RISK INVESTMENT MEASUREMENT |
Language: | eng |
Abstract: | The theory of risk is built around return and risk concepts and a basic tenet of finance is that there is a trade off between the risk and returns of assets. As such the measurement of risk goes to the very core and foundation of the theory of finance. The objective of this paper is to examine some of the unsettled issues and the current developments in risk concepts and risk measurement in the context of investment in common stock. |
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