Results 31 to 40 of about 30,883 (281)

The Risk of Individual Stocks’ Tail Dependence with the Market and Its Effect on Stock Returns

Discrete Dynamics in Nature and Society, 2015
Traditional beta is only a linear measure of overall market risk and places equal emphasis on upside and downside risks, but actually the latter is always much stronger probably due to the trading mechanism like short-sale constraints.
Guobin Fan, Eric Girardin, Wong K. Wong, Yong Zeng   +3 more
doaj   +1 more source

Cash Flow and Discount Rate Risk in Up and Down Markets: What is actually priced? [PDF]

, 2012
We test whether asymmetric preferences for losses versus gains affect the prices of cash flow versus discount rate risk. We construct a return decomposition distinguishing cash flow and discount rate betas in up and down markets. Using U.S. data, we find
Andre Lucas, Black, Mahmoud Botshekan, Maio, Markowitz, Roman Kraeussl, Sharpe   +6 more
core   +2 more sources

Conditional interest rate risk and the cross-section of excess stock returns [PDF]

, 2016
Differences in excess stock returns can be rationalized by their sensitivities to conditional interest rate risk. Value stocks are particularly sensitive to upside movements in interest rate growth,while growth stocks react strongly to downside movements
Ang, Ang, Atanasov, Balvers, Basistha, Bawa, Bernanke, Bernanke, Chan, Chen, Cover, Delisle, Dobrynskaya, Ehrmann, Epstein, Epstein, Fama, Fama, Fama, Hansen, Jagannathan, Jansen, Jensen, Jensen, Lettau, Lettau, Lewellen, Lewellen, Lioui, Lioui, Lobo, Lobo, Mankiw, Menkhoff, Newey, Perez-Quiros, Piazzesi, Shanken, Strongin, Taylor, Thorbecke, Victoria Atanasov, Weil   +42 more
core   +2 more sources

The Role of Certifications in Improving Household Food Security Among Peruvian Farmers

Agribusiness, EarlyView.
ABSTRACT Achieving global food security requires sustainable transformations in agri‐food systems. Voluntary Sustainability Standards (VSS) such as Organic and Fairtrade aim to internalize certain social and environmental costs while promoting more equitable value distribution, improved market access, and sustainable production practices.
Lisa‐Marie Schulte, Awudu Abdulai
wiley   +1 more source

Why Downside Beta Is Better: An Educational Example

American Journal of Business Education (AJBE), 2013
An educational example is presented that is an effective teaching illustration to help students understand the difference between traditional CAPM beta and downside (or down-market) beta and why downside beta is a superior measure for use in personal financial planning investment policy statements.
James T. Chong, William P. Jennings, G. Michael Phillips   +2 more
openaire   +2 more sources

Higher Co-Moments and Downside Beta in Asset Pricing

Asian Academy of Management Journal of Accounting and Finance, 2019
The Capital Asset Pricing Model (CAPM) assumes a linear relationship between an assetA­s return and financial market. However, empirical invalidity of linearity of returns has given birth to other CAPM models. Therefore, this study aims to examine the implication of preference by a risk-averse investor for higher moments and downside risk as investors ...
Imran Umer Chhapra, Muhammad Kashif
openaire   +1 more source

Economic feasibility of biochar and agriculture coproduction from Canadian black spruce forest

Food and Energy Security, 2020
This study calculates the economic feasibility of converting biomass from black spruce forests into biochar and using it as soil amendment to grow potatoes (Solanum tuberosum L.) and beets (Beta vulgaris L.) to improve food availability in one of Canada ...
Catherine Keske, Todd Godfrey, Dana L.K. Hoag, Joinal Abedin   +3 more
doaj   +1 more source

Prescribing competence: The pros and cons of different methods for assessment

British Journal of Clinical Pharmacology, EarlyView.
Evaluating a medical graduate’s competence in rational prescribing is challenging. With the aim to guide and inspire teachers, this narrative review explores different methods that can be used to assess prescribing competence. Each method has its own advantages and disadvantages, and thus a mix of different assessment methods is needed throughout the ...
David J. Brinkman, Erik M. Donker, Jelle Tichelaar, on behalf of the CP4T programme   +3 more
wiley   +1 more source

Pengaruh Downside Beta, Upside Beta, Dan Beta Terhadap Expected Return (Studi Pada Saham Yang Termasuk Dalam 50 Leading Market Capitalization Di Bursa Efek Indonesia Periode 2012-2015) [PDF]

, 2017
Return or return on an investment is required by the investor. Most investors currently prefer shares in emerging markets. Return in the emerging market is not always symmetrical, it shows return in the emerging market is not normally distributed.
Sinaga, M. G. (Maria), Sulasmiyati, S. (Sri)   +1 more
core  

The Nature of Alpha [PDF]

, 2011
We suggest an empirical model of investment strategy returns which elucidates the importance of non-Gaussian features, such as time-varying volatility, asymmetry and fat tails, in explaining the level of expected returns.
Berd, Arthur M.
core   +1 more source