Keywords: Standard deviation
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Journal Articles
Journal of Risk Finance (2010) 11 (5): 441–445.
Published: 09 November 2010
... model is offered for reducing the standard deviation of a portfolio of traditional “insurance” and/or other financial risks. Findings The findings show that: neither diversification nor hedging, by itself, can guarantee a reduction of a portfolio's standard deviation; diversification and hedging...

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