Question: Why is the variance (or standard deviation) used as a measure of risk? What are the advantages and disadvantages of this risk measure?
Why is the variance (or standard deviation) used as a measure of risk? What are the advantages and disadvantages of this risk measure?
Step by Step Solution
3.41 Rating (154 Votes )
There are 3 Steps involved in it
Lower variability in returns is considered by many analysts to be asso... View full answer
Get step-by-step solutions from verified subject matter experts
