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4 Cards in this Set
- Front
- Back
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Monotonocity |
Security that has higher return in all future states has less risk of loss. |
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Subadditivity |
The risk of two portfolios cannot be greater/worst than adding the two risk separately |
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Positive Homogeneity |
The risk of a portfolio is directly affected by the size of the portfolio |
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Translation Invariance |
If cash is introduced in a portfolio, the risk is reduced by that amount |
