A measurement study of investment risk of open-end fund
Zeng Xia · Journal of Southwest University · 2004
The essential attribute and definitions of risk and securities investment risk are analyzed. After contrasting and analyzing some frequent risk measurement indexes, it selects a better risk measurement index, which is the lower partial moments index. Finally, a demonstration study on measurement of investment risk of our open-end fund is done, so that it is useful for investors and fund supervisors to make correct decisions.