The present study deals with the normal distribution of risk and return of the capital market of Bangladesh. Normal distribution of return is an essential assumption in the field of efficient market hypothesis which posits that the returns of a market must follow the random walk behaviour. Again...

The partial attributable risk has been introduced as a tool for partitioning the responsibility for causing an adverse event between various risk factors. It has arisen from epidemiology but is also a valid general risk allocation concept which can for example be applied to data from customer...

The Basel Committee on Banking Supervision (BIS) has recently sanctioned Expected Shortfall (ES) as the market risk measure to be used for banking regulatory purposes, replacing the well-known Value-at-Risk (VaR). This change is motivated by the appealing theoretical properties of ES as a...