A better measure of risk than annual volatility is the estimated probability of reaching or failing to reach the desired or, more important, needed long - term real return level.
The Pain Ratio - A Better Risk / Return Measure Download PDF Pain Ratio vs. Standard Deviation In a previous post, we discussed the pain index as
a better measure of risk.
Because risk - seeking investors tend to be indiscriminate about it, we find that
the best measure of risk - seeking is the uniformity of market internals across a broad range of individual stocks, industries, sectors, and security types, including debt securities of varying creditworthiness.
@Viscount: To add to my comment, Sharpe ratio may not be
a good measure of the risk of covered call ETFs because the distribution of returns is not normal.
Not exact matches
Simple
measures, accomplished in a deliberate, consistent fashion, can significantly reduce the
risk of disclosure
of company assets
best kept close.
The score provides a forward - looking, one - year
measure of credit
risk, allowing investors to make
better decisions and streamline their work ow.
The
best way to safeguard financial stability and improve the balance between economic and financial
risk taking is to put in place policies that enhance the transmission
of monetary policy to the real economy — thus promoting economic
risk taking — and address financial excesses through
well - designed macroprudential
measures.
Our long - term forecasts are based on our assessment
of current valuation
measures, economic growth and inflation prospects, as
well as historical
risk premiums.
The capitalization factor is a reflection
of what rate
of return a reasonable purchaser would expect on the investment, as
well as a
measure of the
risk that the expected earnings will not be achieved.
The
best measure of those preferences is the behavior
of market internals across a wide variety
of securities, industries, sectors, and security types, because when investors are
risk - seeking, they tend to be indiscriminate about it.
But for
good measure, and given the
risk of appeal, Justice Macintosh went on to give his reasons denying Burnaby's application and for supporting the NEB's reasoning in its Ruling No. 40 concluding (at para 80) that «under both... paramountcy and interjurisdictional immunity... Burnaby is precluded from seeking to apply its bylaws so as to impede or block any steps Trans Mountain must take in order to safely prepare and locate the Expansion Project.»
Investigators are said to be taking a
good look at Bitcoin and its underlying technology, as a means
of measuring cryptocurrency's overall
risk to central banking and traditional financial institutions, while also assessing whether or not regulatory
measures are necessary.
Factor exposure should be considered a source
of returns as
well as
of risk Factor biases can be
measured top - down or bottom - up The results
of the two approaches do not necessarily reconcile INTRODUCTION Factor investing has become immensely popular in recent years and assets in smart beta products
Sankar Krishnan, executive vice president for capital markets and banking at Capgemini believes that the volatility
of cryptocurrencies today could have been
better controlled if the crypto trailblazers took a more
measured micropayments route that would have helped get
risks figured out.
As usual, I don't place too much emphasis on this sort
of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion
of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period
of internal divergence as
measured by breadth and other market action, and complacency at
best and excessive bullishness at worst, as
measured by various sentiment indicators; 3) there is a moderate but still not compelling
risk of an oncoming recession, which would become more
of a factor if we observe a substantial widening
of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
The aim is to keep the overall
risk status at such a low level that its credit rating is the
best possible in relation to that
of the Finnish state and that the company's strong credit rating is not compromised through any
measures of its own.
Our Multi-Asset Concentration index — a
measure of correlations across 14 global asset classes — is hovering
well below its post-crisis average, according to our
Risk and Quantitative Analysis group.
Rather simple, when you ponder it a while» Frank Martin «I think volatility is so widely used as a
risk - metric simply because it is easy to
measure, not because it is a
good gauge
of risk of permanent loss
of capital.
A multiplicity
of actual entities, each with a
measure of free self - determination, presents an irremovable
risk of conflict as
well as opportunity for harmony.
You can generally
measure economic
risks using quantitative variables showing the development
of the country as
well as its potential weaknesses and
risks.
The
measure of this
risk lies not only in the
well - documented precariousness
of Lindros's health (he suffered six concussions between March 1998 and May 2000, the last time he played in an NHL game before this preseason), but also in the high stakes at hand.
The kickTrak claims that it can help lower the
risk of a stillbirth because tracking kicks is a
good measure of fetal health.
It is vitally important that parents remain aware
of the
risks as
well as their personal state and take
measures to manage stress in ways that work for them, whether this means a weekly date night, regular time with friends or a parental support group, or simply finding a regular exercise routine that can be worked into a busy schedule.
Studies
of home visiting's effectiveness as an intervention designed to prevent child maltreatment demonstrate some promise, but compared to the number
of studies conducted that
measure child maltreatment,
risk for maltreatment, or protective factors, there are far more findings
of no effects than reductions in maltreatment and improvements in child and family
well - being.
There is no way to know ahead
of time if your baby has the condition researchers describe, so the
best way to protect babies is for all parents to take
measures to reduce the most common and avoidable
risk factors:
Ointments are
better suited as a preventative
measure to reduce the
risk of future rashes.
Dr. Douglas Fenton:
Well if your
measure huge, then we typically..., I would typically do an ultra sound, just because if the birth weight
of a baby in a mother that has Gestational Diabetes is over 4500 grams, there is increased
risk of a birth trauma, hence the problem is the accuracy
of ultra sound around term is so poor.
The
good news is that recent studies are revealing that when all doesn't go as planned, positive impacts can be made on baby's flora and intestinal health with the use
of probiotics and other healing
measures, thereby reducing later
risks of many chronic diseases.
Head Case: Founded by concerned parents
of competitive kids, Head Case is a sports technology company with the mission to protect athletes from the cumulative
risk of undetected concussions.Head Case are the creators behind Head Case, an affordable three - part head health management systemthat that
measures and records head impacts in G - force, provides alerts on impacts
of concern, offers diagnostic tools to detect signs and symptoms
of potential concussions, and recommends the
best treatment facilities in an athlete's current location.
If you're one
of the majority who suffers from morning sickness, there's
good news for you: Babies born to women who battle pregnancy nausea were generally healthier, weighed and
measured more and had lower
risks of pre-term birth.
Reclassification
of cannabis to Class B was, the government said, «a preventative
measure» which «takes account
of its known
risks to health as
well as the potential long - term impacts on health where the evidence is not conclusive.»
These new findings are consistent with numerous cross sectional and longitudinal studies showing that fruit and vegetables, together and separately, are linked with a lower
risk of depression and higher levels
of well - being assessed by several
measures of mental health.
The potential
risk is greatest, the Bain report states, to schools that are «not a top - ranked institution,» whose «financial statements don't look as
good as they used to,» and that «have had to take drastic
measures» to improve the bottom line, such as raising tuition, reducing standards
of admission, and cutting aid to students and numbers
of faculty.
The
risk of mountain rock falls in regions with sub-zero temperatures, such as the Swiss Alps and parts
of Canada, could be
better predicted by using technology which
measures «tiny earthquakes» — according to a group
of international experts.
This research team notes that although healthcare exposure to infection was the most important
risk factor for the development
of MERS - CoV infection, in the ICU setting, where more strict infection control
measures were applied (single rooms, dedicated 1:1 nurses, and
better compliance with hand hygiene and isolation precautions), only one healthcare worker acquired the infection and no patient - to - patient transmission occurred.
Reduced pulmonary function
measures would warn the teachers
of their increased
risk for potential voice problems, which would remind them to do preventative exercises as
well as pay attention to voice rest while teaching.
«People at
risk of bone diseases, have seasonal depression, or are obese should have their physicians
measure vitamin D levels to ensure they're adequate, but for many, the
best way to ensure adequate blood levels
of the vitamin is from sun exposure, healthy diet, being active and maintaining a normal body weight.»
An analysis
of diagnostic test results from the Prospective Multicenter Imaging Study for Evaluation
of Chest Pain (PROMISE) trial — in which patients with stable chest pain were randomized to either anatomic or functional testing as an initial diagnostic strategy — showed that the presence and extent
of coronary artery disease detected by CT angiography
better predicted the
risk for future cardiac events than did
measures of exercise tolerance or restricted blood flow to the heart muscle.
Normalizing refusals data helps put the data into perspective, and the «rate
of refusals is clearly a
better risk measure than refusals alone,» the authors conclude.
As a whole, the team found that
better performance in these quality
measures was not consistently associated with lower adjusted
risk of readmission or death at 30 days.
It includes recommendations to provide direct funding incentives in the PBF model for the success
of one or more at -
risk student groups, to introduce
measures that wouldn't punish institutions for experimenting with new programs to increase student success, and to
better understand the impact
of PBF on community colleges before a larger proportion
of state funds are tied to the model.
Zoback and his fellow panelists are seeking to understand the causes
of induced seismicity, as
well as to
measure their associated
risks and consider their regulatory implications.
He says the NSABB did not fully analyse the
risks and benefits
of publishing, including the chances that «
well - meaning scientists seeking to repeat the work might not have adequate biosafety
measures».
It has more defences than the Death Star, ranging from excellent camouflage to a subtle gift for
risk assessment, bony defensive spines on its head and,
best of all, a last - ditch retaliatory
measure that is as gory as the legendary horror frog.
We need to develop a «Third Way» with stronger
measures to tackle
risks as
well as to harness the potential
of biotechnology to the pressing need to improve productivity
of poor farmers.
The strategy identified five rare earth metals (dysprosium, neodymium, terbium, europium, and yttrium) as
well as indium as «most critical in the short term,» as
measured by their importance to clean - energy technologies and the
risk of supply disruption.
The objective
of this study was to evaluate relationships between mortality
risk and
well - defined
measures of adiposity, fat distribution, and fitness in older adults.
According to a 2014 study published in the journal Stroke, people who scored higher on
measures of unfriendliness, as
well as those with chronic stress and depressive symptoms, had a higher
risk of stroke than the friendlier, kinder participants.
Although a bone density test reports if you are doing
better, there could still be a
risk of fracture, as the test
measures the quantity
of bone, and not the quality.
Although blood levels
of vitamin D were not
measured in study participants, it is possible that increased absorption
of calcium due to
better vitamin D status and increased rates
of supplementation might have played a role in increasing heart attack
risk.