ratio of one asset is always greater than that of the other one. We extend the theory of risk measures by proving that the …-order risk-seeking SD (RSD) alone for any two prospects is not sufficient to imply Omega ratio dominance insofar that the Omega …. Nonetheless, first-order SD does imply Omega ratio dominance. Thereafter, we apply the theory developed in this paper to examine …

This paper discusses the theory that risk factors divide to the company specific and asset specific risk factors. The … for a specific asset. I find that equity market, value, and quality factors are indeed possible company specific risk … factors with influence on an expected equity of a company and dividend and volatility factors are possible stock specific risk …