4.3.1 Measures of Financial Risk

1. Value of Risk
1.1 Mean-Variance Framework
Under traditional framework, mean and variance is used to model financial risk and return follows normal distribution.
The mean return is used to measure the expected return.The standard deviation is used to measure the risk.
The efficient frontier is useful to construct the suitable asset combination. Investors can achieve the highest expected return for a giv

4.3.1 Measures of Financial Risk最先出现在Python成神之路。