Risk: Standard Deviation and Beta

  • Javier Estrada
Part of the IESE Business Collection book series (IESEBC)

Abstract

This chapter discusses two very widely used definitions of risk, standard deviation and beta, both of which are at the heart of modern finance. Some say that risk, like beauty, is in the eyes of the beholder. Maybe it is, but even if that is the case, understanding the relationship between the standard deviation, beta, and risk is essential for anyone who wants to have a basic knowledge of finance.

Keywords

Stock Price Stock Prex General Motor Total Risk Idiosyncratic Risk 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Javier Estrada 2011

Authors and Affiliations

  • Javier Estrada
    • 1
  1. 1.IESE Business SchoolBarcelonaSpain

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