the presence of each other's systematic components and time-varying measures of volatility. Design … portfolios using their systematic components. The methodology is implemented by extending various characteristic-based factor …, there is compelling empirical evidence that the associated systematic components well complement the ability of common risk …

the presence of each other's systematic components and time‐varying measures of volatility. Design … portfolios using their systematic components. The methodology is implemented by extending various characteristic‐based factor …, there is compelling empirical evidence that the associated systematic components well complement the ability of common risk …