No, since inherited conditions and complex traits are regulated by genetic factors and environmental factors.
Genetic risk measures the impact of the genetic factor on the development of an inherited condition; however, environmental factors ultimately have a strong impact on the development of the condition or on presenting a trait.
A clear example is the relationship between lung cancer and tobacco consumption. In this case, a person with a high genetic predisposition to lung cancer, but with a healthy lifestyle, may not develop the disease. On the other hand, a person with little genetic predisposition, but who is a smoker and has poor habits, may end up developing it.