Journal of Financial and Quantitative Analysis Vol. 3 No. 2 1968
Using Investment Portfolios to Change Risk
Abstract
It is well known that different combinations of investments involve different risks. In recent years the analysis of risk has tended to focus on two moments of the probability distribution of returns, the mean and variance. This paper considers the effect on the variance of an investment fund of adding dependent investments.
- DOI
- 10.2307/2329788
- Volume
- 3
- Issue
- 2
- Pages
- 151
- Sources
- crossref openalex