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A fief is
Systematic Risk
A type of risk that is unavoidable and impacts the whole market or a particular sector, often called market risk or non-diversifiable risk.
Unsystematic Risk
The risk inherent to a specific company or industry, which can be mitigated through diversification of an investment portfolio.
Political Risk
The risk that an investment's returns could suffer due to political changes or instability in a country, which can affect the business environment and profitability.
Correlation Risk
The potential for financial loss due to changes in the relationship or correlation between the performances of two or more assets.
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