We analyze the performance of volatility targeting strategies. Conventional volatility targeting fails to consistently improve performance in global equity markets and can lead to markedly greater draw-downs. Motivated by return patterns in different volatility states, we propose a conditional...

Gases are common constituents of the underground environment, along with soils, rocks, and water. It is widely believed that gases in underground originate from the bacterial decomposition and thermal decomposition of organic and inorganic compounds, and geochemical reactions. Gases are usually...