单选题 An analyst does research about portfolio diversification. Which of the following statement is least accurate? Portfolio diversification:
A. decreases the diversification ratio.
B. decreases the standards deviation of returns.
C. eliminates downside risk.

【正确答案】 C
【答案解析】[解析] 投资组合的分散性能有效减少非系统性风险,也会减少组合回报的波动性(即标准差),但不能消除下跌风险。投资组合越分散,分散化比率(diversification ratio)越小。