stocks, from Haroid T. White, former chairman of the finance committee of the Washington Water Power company, announces that …

expected excess return and expected risk. However, this positive relation is not revealed for all 30 stocks using a standard … of higher order moments, the tradeoff between risk and return, and the dynamic conditional correlation between stock … is diminished when higher order moments are considered.Essay #2 examines the risk-return relation by applying high …

stocks create value for investors? Second, can the multifactor model of Gruber capture the cross-section of average fund ….80-4.00 per cent per annum on a risk-unadjusted basis and 0.50-0.93 per cent per annum on a risk-adjusted basis. Evidence is …

. Excess returns are less negative for stocks with associated options and convertible bonds. Importantly, the evidence is … stocks sold short in Canada. Short interest is defined in relation to trading volume. The results strongly support the … consistent with the proposition that informed traders short sell Canadian interlisted stocks in Canada, rather than the US, to …

On average, investors in stocks of West Michigan-based companies lost money in 2007. Three out of four companies saw … their stock prices decline. Interestingly, prices of only three of the fourteen stocks comprising the Index rose, while the … others fell, often substantially. How does the Index rise by almost 7% when three-quarters of the component stocks fall, and …