volatility. This empirical phenomenon is shown to arise within a tractable accounting-based valuation model that allows for risk … aversion and stochastic earnings volatility. The model predicts that expected stock (stock return volatility) returns are … to explain price dynamics across stock and volatility markets …

/B/E/S consensus recommendations issued for U.S.-listed equities during January 2015 with realized volatility of daily security returns … to be associated with future changes in volatility, suggesting that analyst ratings can help manage portfolio risk. This … relationship appears to be asymmetric and is most pronounced among the best-rated securities which experience largest volatility …

the idiosyncratic volatility (IVOL) anomaly. Our results show that the inverse relation between IVOL and future stock …

flows, and examines its incremental role in explaining stock return volatility. We suggest that “other information” contains … timely basis than dividends or earnings. The link between “other information” and volatility can be derived from a … Ohlson's (1995) linear information dynamics. Using standardized regressions we find volatility increases when current “other …