DescriptionsTermsThe potential for variability in the possible outcomes associated with an investment.$$A measure of the extent to which the returns on a given investment are correlated with the returns of a market portfolio.$$The term applied to the risk of an asset that is measured by the standard deviation of the asset$$s expected returns.$$The result of adding additional assets to a portfolio, when the returns of the individual assets are non$-$correlated.$$The general term that describes the portion of an asset$$s total expected return that is greater than the return earned on the market$$s risk$-$free rate.