maximizing and minimizing the risk. The rolling compounded annual growth rate (CAGR) of the flagship S&P BSE SENSEX index as well … extending the investment horizon by couple of years even if they are faced with huge market risk towards the end of their …

We show theoretically that when Bayesian investors face time-series uncertainty about assets' risk exposures …, differences in their priors affect the pricing of risk in the cross-section: different priors for the same asset can generate … differences in perceived risk exposures, and thereby differences in required returns. The main testable implication is that the …

We use an empirical model to categorize firms into portfolios based on operational risk. Using these portfolios, we … show that a strategy of buying firms in the highest decile of operational risk and shorting firms in the lowest decile of … operational risk earned a positive but insignificant risk-adjusted average return of 0.72% per month from 1990 to 2000. However …

risk on stocks. The analysis technique used is multiple linear regression. The results showed that the financial … performance did not significantly affect the systematic risk of the company's stock …

We forecast monthly Value at Risk (VaR) and Conditional Value at Risk (CVaR) using option market data and four …-looking risk measures that do not depend from the amount of historical data used and that, through the implied moments of options …

Geopolitical events are widely reported in the press and may influence the risk premium demanded by investors in … addition to demand and supply of energy resources. Using the daily geopolitical risk index of Caldara and Iacoviello (2018), we … demonstrate that geopolitical risk plays an important role in determining both oil price volatility and (to a lesser extent) stock …

From 1963 through 2015, idiosyncratic risk (IR) is high when market risk (MR) is high. We show that the positive … relation has roots in fundamentals as higher market risk predicts greater idiosyncratic earnings volatility and as firm …

From 1963 through 2015, idiosyncratic risk (IR) is high when market risk (MR) is high. We show that the positive … has roots in fundamentals. Higher market risk predicts greater idiosyncratic earnings volatility as well as dispersion and …