Which statement is correct regarding the following information?

- Shares in company X have an expected return of 5%, standard deviation of 15% and beta coefficient of 1.0

- Shares in company Y have an expected return of 15%, standard deviation of 25% and beta coefficient of -0.5.

Group of answer choices

(X)

In a single asset portfolio, security Y would be less risky because of its negative correlation with other stocks

()

In a single asset portfolio, security Y would be more risky

()

Security Y is riskier if held in a diversified portfolio because of its beta coefficient of -0.5

()

Security X is less risky if held in a diversified portfolio because of its positive correlation with market portfolio