The systematic risk is that portion of an asset's risk that is attributable to firm-specific, random causes.

Name: The systematic risk is that portion of an asset's risk that is attributable to firm-specific, random causes.
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The definition of systematic risk is that portion of an asset's risk that is attributable to market-wide, systematic causes. Firm-specific, random causes are classified as unsystematic or idiosyncratic risk.

The Systematic Risk Is That Portion of an Asset's Risk