Sum of market risk and diversifiable risk are classified as total risk which is equivalent to_______________?

Correct answer: D. Variance

  • A. Sharpe's alpha
  • B. Standard alpha's
  • C. Alpha's variance
  • D. Variance

Explanation

Total risk combines market risk with diversifiable risk and is commonly measured by the variance of returns, while standard deviation is its square root. The other options are not standard measures of total risk.

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