Most textbook finance literature assumes risk to be the standard deviation of returns (volatility), which is not only … is consistent with investors’ actual perception of risk. Our method is presenting investors return distributions with … different risk characteristics for which they have to state their perceived risk and make investment decisions. Our results hint …

maximum limits by asset class) in order to create funds with different risk-return profiles. In this article we challenge this … approach and show that such funds exhibit erratic risk-return profiles that deviate significantly from the intended design. We … propose to replace all minimum and maximum asset allocation constraints by a single risk metric (or measure) that controls …

your wallet fraud. In Module 2, students use free online data and statistical analysis to compare bitcoin’s risk …-return profile with several stock index ETFs. The analyses include comparison of maximum drawdown risk, which is used increasingly by …

Empirically, standard, intuitive measures of risk like volatility and beta do not generate a positive correlation with … average returns in most asset classes. It is possible that risk, however defined, is not positively related to return as an … highlighting the assumptions consistent with no risk premium. The key is that when agents are concerned about relative wealth, risk …

This stochastic simulation analysis examines the risk characteristics of target-date funds focusing on the trade …. The risk-return tradeoffs associated with equity exposure, particularly for workers approaching retirement, underscore the … importance of full disclosure, realistic assessment of risk tolerance and participant behavior, and due consideration of income …

This paper analyses the risk and return of loans portfolios in a joint setting. I develop a model to obtain the … with a Value at Risk constraint. I also obtain closed form expressions for the interest rates that banks should set in … compensation for borrowers' credit risk under absence of arbitrage opportunities and I use these rates as a benchmark to interpret …