Greater the range of an asset, more the variability, or risk, the asset is said to possess.

Name: Greater the range of an asset, more the variability, or risk, the asset is said to possess.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

This statement is true. The range of an asset refers to the difference between the highest and lowest possible values it can have. The higher the range, the more variability or risk the asset is said to possess. This is because there is a greater possibility for the asset's value to fluctuate widely.

Greater the Range of an Asset, More the Variability, or Risk