Back مخاطر مالية Arabic Maliyyə riski Azerbaijani Risc financer Catalan Finanční rizika Czech Finanzrisiko German Χρηματοοικονομικός κίνδυνος Greek Financa risko Esperanto Riesgo financiero Spanish Finantsrisk Estonian Arrisku finantzario Basque
| Categories of |
| Financial risk |
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| Credit risk |
| Market risk |
| Liquidity risk |
| Investment risk |
| Business risk |
| Profit risk |
| Non-financial risk |
| Part of a series on |
| Finance |
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Financial risk is any of various types of risk associated with financing, including financial transactions that include company loans in risk of default.[1][2] Often it is understood to include only downside risk, meaning the potential for financial loss and uncertainty about its extent.[3][4]
Modern portfolio theory initiated by Harry Markowitz in 1952 under his thesis titled "Portfolio Selection" is the discipline and study which pertains to managing market and financial risk.[5] In modern portfolio theory, the variance (or standard deviation) of a portfolio is used as the definition of risk.
- ^ "Financial Risk: Definition". Investopedia. 2018-03-22. Retrieved 1 October 2011.
- ^ "In Wall Street Words". Credo Reference. 2003. Retrieved 1 October 2011.
- ^ McNeil, Alexander J.; Frey, Rüdiger; Embrechts, Paul (2005). Quantitative risk management: concepts, techniques and tools. Princeton University Press. pp. 2–3. ISBN 978-0-691-12255-7.
- ^ Horcher, Karen A. (2005). Essentials of financial risk management. John Wiley and Sons. pp. 1–3. ISBN 978-0-471-70616-8.
- ^ Markowitz, H.M. (March 1952). "Portfolio Selection". The Journal of Finance. 7 (1): 77–91. doi:10.2307/2975974. JSTOR 2975974.