Neely, Christopher J. (contributor) - 2003 - [Elektronische Ressource], rev
volatility risk
To illustrate the volatility risk problem, consider that there are two sources of uncertainty about the
value … Federal Reserve Bank of St. Louis Working
Papers (other than an acknowledgment that the writer has had access to unpublished … possible forecast of future volatility. If IV were not the best
forecast, it might be possible to earn excess returns by …