It is , of course , for the banks , and not the monetary authority , to decide how they price their business , having regard to the risk , return , liquidity and funding of the business concerned 当然，定价是银行的商业决定，并非金管局的职责。这些商业决定一般是银行在考虑过有关业务的风险回报流动性以及资金问题后而作出。
The preferred balance among risk , return and liquidity of individual investors differs , so do the credit - worthiness and profitability of fund raisers ; the profiles of the two sides do not often match 投资者对风险回报与资产流动性三者偏好的比重各有不同，集资者的信贷质素及盈利条件也各异投资与集资双方的取向往往不相同。
Analyses about vc show that vc can monopolize the market to a certain extent by making innovation , meanwhile get windfall profit with high risk in the process of making innovation 对风险投资的微观经济分析表明，风险投资是通过创新改变生产函数或消费函数，从而获得某种程度的垄断以获得超额利润，同时在创新的过程中由于高风险的存在而获得风险回报。
And currency allocation of these large foreign reserves is a matter of national interest , having regard to the pre - occupations of individual holders , rather than something motivated entirely by considerations of risk , return and liquidity 此外，大量外汇储备应如何作出不同货币分配，是关乎国家利益的事，掌管储备者都会根据本身的考虑作出决定，而并非完全着眼于风险回报及流动性。
There is another approach . utilizing the basic theory of return and risk and the main methodologies and models of asset valuation , we can study the implied risk premium from the current share prices by incorporating stock analysts " forecast on companies " earnings and growth . by comparing the implied risk premium with the actual risk level of the particular investment , we can decide better whether its valuation is fair 在主要投资价值分析方法和分析模型基础上，本文换了一个角度，从风险收益基础理论出发，研究利用更符合实际的三阶段估值模型，结合证券分析师对企业赢利和未来增长的估计，测算证券定价背后隐含的风险回报水平，通过考察风险补偿率是否与该投资面临的风险水平相匹配，来更好的解决证券定价合理评判这个问题。
The colour coding in the risk return meter is based on a number of factors in relation to their underlying investments including types of asset classes and their respective target weightings , breadth and geographical diversification and historical long - term volatility and capitalisation of the relevant markets 风险回报指标颜色代号的选定乃基于其投资项目的多项因素，包括旗下资产类别及其相应的目标比重覆盖范围及地域分布有关市场过往的长期波幅和市场价值。
