Market Risk may have a different meaning in various study sessions. I’ll start with a simple list. Please correct me and complete it… 1) In Equity Investment(MPT), it’s systematic risk. 2) In Fixed Income Analysis, it’s interest rate risk(sometimes price risk). 3) In Alternative Investment, it includes credit risk? 4) In Risk management, it includes interest rate risk, currency risk, equity and commodity market risks.
yea you are right…market risk term is used loosely in the entire curriculum !