Examlex
The key pollutant in smog is nitrogen dioxide.
Beta
A measure of the volatility, or systematic risk, of a security or portfolio in comparison to the market as a whole.
Systematic Risk
The risk inherent to the entire market or market segment, which is unavoidable through diversification.
Diversified Portfolio
An investment strategy that involves spreading investments among various financial instruments, industries, and other categories to reduce risk.
Market Risk Premium
The additional return an investor expects from holding a risky market portfolio instead of risk-free assets, compensating for the risk of fluctuating market conditions.
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