منابع مشابه
Financial Planning and Risk-return profiles
The importance of funded private or occupational old age provision will increase due to demographic changes and the resulting problems for government-run pay-as-you-go systems. Clients and advisors therefore need reliable methodologies to match offered products and clients’ needs and risk appetite. In this paper, we analyze existing approaches such as sample illustrations and historical backtes...
متن کاملThe Impact of Inflation Risk on Financial Planning and Risk-Return Profiles
The importance of funded private or occupational old age provision is expected to increase due to the demographic changes and the resulting problems for government-run pay-as-yougo systems. Clients and advisors therefore need reliable methodologies to match offered products with clients’ needs and risk appetite. In Graf et al. (2012) the authors have introduced a methodology based on stochastic...
متن کاملReturn Value Predictability Profiles for Self-healing
Current embryonic attempts at software self–healing produce mechanisms that are often oblivious to the semantics of the code they supervise. We believe that, in order to help inform runtime repair strategies, such systems require a more detailed analysis of dynamic application behavior. We describe how to profile an application by analyzing all function calls (including library and system) made...
متن کاملRisk, Return and Dividends∗
We characterize the joint dynamics of expected returns, stochastic volatility, and prices. In particular, with a given dividend process, one of the processes of the expected return, the stock volatility, or the price-dividend ratio fully determines the other two. For example, the stock volatility determines the expected return and the price-dividend ratio. By parameterizing one, or more, of exp...
متن کاملThe Risk-return Fallacy
We assume that in the world of business, higher risks are only taken when rewarded with higher expected returns. This supposition has been confirmed empirically using capital market data. However, accounting measures have yielded puzzling results: using the mean and variance of ROE as measures of return and risk, respectively, Bowman (1980) and other researchers find a negative relationship bet...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2018
ISSN: 1556-5068
DOI: 10.2139/ssrn.3197294