Across
- 5. An efficient portfolio
- 6. Excess risk
- 8. The market line describing returns using betas
- 10. An asset below the SML
- 11. Portfolio with risky and risk-free assets
- 12. The gradient of the SML
- 14. The line used for spreading capital
Down
- 1. A measure of systematic risk
- 2. A risk associated with all assets
- 3. The gradient of the CML
- 4. A unique risk to an asset
- 7. An asset above the SML
- 9. The market line with maximal Sharpe's ratio
- 12. Portfolio with beta value equal to one
- 13. The sum of market and specific risks