Standard deviation as a risk measure is flawed because it does not distinguish between deviations above the mean (positive returns) and deviations below the mean (negative returns).

Authors

• Person: Not available Organization: Journal of Financial Planning
  Next Generation Investment Risk Management: Putting the 'Modern ...

Sources

• Next Generation Investment Risk Management: Putting the 'Modern ... www.financialplanningassociation.org Journal of Financial Planning via serper

Referenced by nodes (2)

• risk concept
• Standard deviation concept