... Talks Falter,” FinancialTimes, 11 May 19 98, 1; Sander Thoenes, “ Suharto Cuts Visit as Riots Shake Jakarta,” Financial Times, 14 May 19 98, 12; Sander Thoenes, “Economy Hit as Jakarta Is Paralysed,” ... totalvariance attributable to the variability of the total market portfolio. In addition, individual assetshave variance that is unrelated to the market portfolio (that is, it is nonmarket variance) ... financial risk to have an above average beta. At the same time, as we discuss in Chap-ter 8, it is possible that a firm that has a high level of fundamental risk and a large standard devi-ation of return...