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Why is it important for a counselor to collect data from sources other than the client?
Risky Securities
Financial instruments carrying a higher potential for loss, often offering greater potential returns to compensate for the increased risk.
Portfolio Variance
A measure of the dispersion of returns of a portfolio, calculated as the weighted average of the covariance of each asset in the portfolio.
Coefficient of Correlation
A statistical measure that indicates the degree to which two variables move in relation to each other, ranging from -1 to 1.
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