We merge the literature on downside return risk and liquidity risk and introduce the concept of extreme downside … same time when the market liquidity (return) is lowest. This effect is not driven by linear or downside liquidity risk or … extreme downside return risk and is mainly driven by more recent years. There is no premium for stocks whose liquidity is …

Risk (Palgrave Macmillan 2017). By analogy to quantum chromodynamics and other aspects of the Standard Model of particle … systematic risk, into subatomic (or “baryonic”) components.This essay then transcends the limitations of Econophysics and Capital …

Styles in Digital Assets -- Chapter 9. Risk Factors in Digital Assets -- Chapter 10. How to Incorporate Characteristics into …

, - statistical arbitrage models, - arbitrage-free pricing, risk-neutral implied densities, - equilibrium pricing approaches … intense techniques for pricing, estimation and backtesting, - complex derivative products, - credit and counterparty risk …

firms which are the least vulnerable to takeover threat (the least idiosyncratic risk) outperform the others. We also find …