Examlex
Identify and state the historical significance of the following:
-New Mexico territory
Firm-Specific Risk
The portion of a security's risk that is attributable to factors affecting only that company, distinct from market risk.
Unique Risk
Risk that affects a very limited number of assets, often referred to as "unsystematic risk" or "idiosyncratic risk."
Diversifiable Risk
The portion of an investment's risk that can be mitigated or eliminated through portfolio diversification.
Correlation Coefficient
A statistical measure that calculates the strength and direction of a linear relationship between two variables.
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