We investigate the informational content of credit default swap (CDS) spreads for future volatility of (firm) assets … and equity. In the cross-section, CDS spreads are significantly more informative about future asset than equity volatility … fundamental difference in the cross-sectional predictability of asset and equity volatility. This difference lies in the leverage …

-trading volatility are predicted to have more crash risk, supporting the view of “arbitrage risk mechanism”. Furthermore, we find that … higher margin-trading volatility results in higher overpricing and less information content …

. The theory offers untested empirical implications about volume, volatility, fundamental/price ratios, and mean returns …

The purpose of this paper is to investigate the relationship between the share price volatility in Pakistan and their … regress these ratios together with other control variables. We model share price volatility as a function of dividend policy … Karachi stock exchange. The variables involved in the study were Dividend yield, Price volatility Earning Volatility, Payout …

(idiosyncratic) volatility, inconsistent with the low volatility anomaly. The results are consistent with the market timing … driven by company-specific information. Combining volatility with undervaluation indicators proposed by Peyer and Vermaelen …

use a novel measure of contagion that examines whether volatility shocks in the U.S. stock market coupled with negative …