Web www.software-risk.co.uk

Unsystematic risk or risk that is uncorrelated to the overall market risk. In other words, the risk that is firm-specific and can be diversified through holding a portfolio of stocks.

Copyright © 2005, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.

Related Articles
Fannie Mae Risk
Wells Fargo and Reveleus for Basel II
Citigroup and Reveleus
Financial Risk Glossary
Algorithmics and Citigroup Credit Risk Model
Market Glossary
Unsystematic risk
Market risk

Similar Areas

Finance Items

Selected Books

Keywords

Idiosyncratic Risk

unsystematic risk

market risk

firm specific