Examlex
What became the defining characteristic of Massachusetts citizenship after it became a royal colony in 1691?
Nonsystematic Risk
The part of an investment's risk that is specific to the investment, unrelated to the market's overall movements.
Diversification
The strategy of spreading investments across various financial assets to reduce exposure to risk.
Uncorrelated
Refers to two or more variables that do not have any predictive relationship with each other.
Negatively Correlated
A relationship between two variables in which one variable increases as the other decreases.
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