well-diversified-porfolio

Hi all, There is a concept that I am not able to grasp properly, in Topic1.Ch5.VidLecture#2 it was stated that: in a well diversified portfolio the Correlation between Portfolio and the Market is +1 which means that the movement of the Market and the Portfolio are synonymous Can somebody...

I´m not sure if my idea is correct: I understand that an efficient portfolio always is a well-diversificated portfolio but a well-diversificated portfolio could be an efficient portfolio or not. I think that because one of the assumptions for the SML it´s that the portfolios are...

Learning objectives: Describe properties of well-diversified portfolios and explain the impact of diversification on the residual risk of a portfolio. Explain how to construct a portfolio to hedge exposure to multiple factors. Describe and apply the Fama-French three factor model in estimating...