Various higher education investment risks can be classified as the systemic risk and the non-systematic risk.

高等教育投资风险可分为系统性风险和非系统风险。

Facing with the lag of Chinese capital market, we must make use of capital market not only at home but also abroad to release the systematic risk of Chinese stock market.

面临中国资本市场发展的严重滞后，民族保险业的投资必须自起步之日就要有全球视野，通过全球性投资组合来化解国内证券市场的系统性风险；

Systematic risk can be mitigated only by being hedged.

系统风险能通过预防(隔离)而减轻.

The unsystematic risk can be diversified and even eliminated by using assets portfolio theory. The systematic risk can be transferred by means of hedge.

企业面临的总风险包括特有风险和共同风险，对特有风险可运用资产组合理论予以?。

The objective of this study is to investigate systematic risk in asset pricing with higher moments, especially for skewness and ku …

本研究的目的，在于探讨偏态与峰态等高阶矩系统风险对资产定价的影响。