Leg swelling can occur in any part of the legs, including the feet, ankles, calves and thighs. Leg swelling can result either from fluid buildup (fluid retention) or from inflammation in injured or diseased tissues or joints. Many of the causes of leg swelling, such as an injury or prolonged standing or sitting, are easily identified.
DEFINITION of 'Active Risk'. A type of risk that a fund or managed portfolio creates as it attempts to beat the returns of the benchmark against which it is compared. In theory, to generate a higher return than the benchmark, the manager is required to take on more risk. This risk is referred to as active risk. Next Up.
Investors care more about active and residual risk than total risk. 3. Active risk depends primarily on the size of the active position and not the size of the benchmark position. II. Defining risk 1. Variance will add across time if the returns in one interval are uncorrelated with the returns in other intervals of time.