We investigate the relationship between idiosyncratic risk and return among four water exchange traded funds … the idiosyncratic risk for most of the exchange traded funds move from low volatility (Regime 2) to very low volatility … seems that water investment has a lower systematic risk and a positive effect on the water exchange traded index funds …

This study investigates the relationship between bank capital and risk in the Indian banking sector. The sample … causality test to find out the relationship between risk and capital. The result signifies that there is a unidirectional … causality, i.e. risk is causing capital for all the three types of commercial banks. Furthermore, we examine the impact of risk …

portfolio weights. In order to fulfil this gap we answer three questions: which is the minimum risk premium that justifies … definition of crossed beta and the net risk premium ratio that stems from it. The latter fulfils the axioms of risk …/reward performance measures. The three answers to the questions are related to the net risk premium. The analysis in developed for the …

Investors are becoming more sensitive about returns and losses, especially when the investments are exposed to downside … risk potential in the financial markets. Despite the computational intensity of the downside risk measures, they are very … widely applied to construct a portfolio and evaluate performance in terms of the investors’ loss aversion. Value-at-risk (VaR …