answers
What is correlation - CORRECT ANSWERS-Go together
How much do they move together = related
What is another name for volatility - CORRECT ANSWERS-risk
How can managers reduce volatility - CORRECT ANSWERS-diversify
What variables are used to calculate variance - CORRECT ANSWERS-weight
correlation
standard deviation
What does it mean to be perfectly positively correlated - CORRECT ANSWERS-+1
What does it mean to be negatively correlated - CORRECT ANSWERS--1
What is the difference between standard deviation and beta - CORRECT ANSWERS-standard deviation
measures total risk systematic
beta systematic (measures)
What is the difference between systematic risk & unsystematic risk - CORRECT ANSWERS-systematic
can't get rid of
unsystematic you can
Does a stock with a high standard deviation automatically have a high beta - CORRECT ANSWERS-no