Risk, Market Sensitivity, and Diversification
解释了如何通过衡量投资组合的市场敏感性和分散化程度来了解其风险特征，并展示了利用组合中单个证券的对应指标计算这些值的方法。
AbstractMuch can be learned about the risk character of a portfolio by measuring its market sensitivity and diversification. The author explains the meaning of these two key measures and shows how to calculate their values, using corresponding measures for the individual securities in the portfolio.