Sentences with phrase «for tail risk»

In order for tail risk to be mitigated fairly, someone must keep a supply of slack high quality assets.

Omega Ratio Download PDF Risk Metrics Series On the StatMAP, the omega ratio risk metric is a useful risk / return trade - off measurement for tail risk.

On the StatMAP, the omega ratio risk metric is a useful risk / return trade - off measurement for tail risk.

It appears subordinated bond investors were not charging enough for the tail risk being assumed.

Not exact matches

For traders looking for volatility - based protection, the strategists recommend going long the SGI US Equity Tail Risk Index, which hedges long equity exposuFor traders looking for volatility - based protection, the strategists recommend going long the SGI US Equity Tail Risk Index, which hedges long equity exposufor volatility - based protection, the strategists recommend going long the SGI US Equity Tail Risk Index, which hedges long equity exposure.

By contrast, just two officials forecast a funds rate below the median, suggesting the tail risk for markets is for higher, not lower, rates.

As I've regularly noted in recent months, our immediate outlook is essentially flat neutral for practical purposes, though we're partial to a layer of tail - risk hedges, such as out - of - the - money index put options, given that a market decline on the order of even 5 % would almost certainly be sufficient to send our measures of market internals into a negative condition.

Other left - tail risks to our view include geopolitical disruptions, possible U.S. dollar strength or a complete breakdown in NAFTA negotiations that could dampen near - term sentiment for emerging markets (EM) assets.

But some other critics have in a sense taken the other side of this trade, contending that if anything the formula underestimates the potential liability of long - dated options by failing to adequately account for so - called tail risk — the prospect that the markets will collapse under the weight of, say, a giant housing bubble.

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

But even a diplomatic thaw is good for South Korean business — and will reduce the tail risk of a catastrophic conflict.

«Markets are not priced appropriately for the downside tail risk of a possible «no» verdict,» she said with marvellous understatement.

In its latest Daily Insights report, BCA Research emphasizes that the tail risks facing the global economy and financial markets will hang over markets in 2012, making it another difficult year for investors.

The tail risk for US dollar is important.

In today's «Trends and Tail Risks» I review what the yield curve is saying now and what it means for the world of investing.

But I am keen to avoid tail risks of now being a low water mark for sterling and of the bond market unraveling a bit over next few years.

First, the tail risks (low - probability, high - impact events) in the global economy — a eurozone breakup, the US going over its fiscal cliff, a hard economic landing for China, a war between Israel and Iran over nuclear proliferation — are lower now than they were a year ago.

We define them as those who responded «Agree» or «Strongly Agree» to three questions: «Risk management is an integral part of our investment process and actively addressed on a systematic, ongoing basis», «My organization has a strong risk management culture», and «I am confident that our portfolio has appropriate downside protection for the next tail event.&raRisk management is an integral part of our investment process and actively addressed on a systematic, ongoing basis», «My organization has a strong risk management culture», and «I am confident that our portfolio has appropriate downside protection for the next tail event.&rarisk management culture», and «I am confident that our portfolio has appropriate downside protection for the next tail event.»

As I've regularly noted in recent months, our immediate outlook is essentially flat neutral for practical purposes, though we're partial to a layer of tail - risk hedges.

The kids do grab him, pull his tail, haul him by his tail (usually I can tell this by hearing him yowling for help, which I then tell the 3 year old to let him go NOW or risk her dolls being put in time - out, which is a horrible punishment in her opinion...) and he has never scratched or bitten them.

Nevertheless, it provides initial evidence for the association of telomere G - tail length with aging, endothelial function, and ARWMCs in patients with vascular risk factors.

Showy ornaments used by the male of the species in competition for mates, such as the long tail of a peacock or shaggy mane of a lion, could indicate a species» risk of decline in a changing climate, according to a new study from Queen Mary University of London (QMUL).

Peter (voiced by James Corden) is playful and charming, and so driven to get his hands on the vegetables in the McGregor garden that it not only puts his family — which includes triplets Flopsy (voiced by Margot Robbie), Mopsy (voiced by Elizabeth Debicki) and Cotton - tail (voiced by Daisy Ridley), as well as cousin Benjamin (voiced by Matt Lucas)-- at risk, but jeopardizes the budding relationship between new neighbor Thomas McGregor (Domhnall Gleeson) and sweet animal lover Bea (Rose Byrne), who watches out for the rabbits.

The fuse is there to protect items from getting too much juice, so increasing the fuse rating to allow for a brighter headlight will also mean that other items (possibly your horn, blinkers, tail / brake light etc.) at greater risk of overload as well.

Vineer Bhansali's Tail Risk Hedging: Creating Robust Portfolios for Volatile Markets takes on the question of diversification.

The authors find that the buy — write strategies» risk - adjusted performance was earned from a combination of a skewness premium, paid to the option writers for assuming the tail risk of potentially unlimited loss, and the reduction in volatility from the hedge of the buy - and - hold security's beta exposure.

The improvement in return results from the skewness premium received by the option writer in exchange for assuming large negative tail risk, which is a function of the preference - for - lottery hypothesis, likely a foundation of the low - volatility anomaly.

Throughout the business cycle we are constantly updating our financial models to account for changes in the probability of tail risk events and other inefficiencies that might alter how our clients perceive risk.

In its latest Daily Insights report, BCA Research emphasizes that the tail risks facing the global economy and financial markets will hang over markets in 2012, making it another difficult year for investors.

The biggest criticism for the endowments is that they did not manage their risk, liquidity, and «tail - risk» enough.

I guess I went into it with the idea that the current portfolio being so sensitive to market moves (beta significantly greater than 1 because of the large concentration in AIG, BAC warrants), I was willing to lose the entire cost of the hedge for the slight chance of major tail risk.

This prompted us to think that VIX futures may hold tail - risk hedging opportunities for high yield bond portfolios.

The only really good method for hedging tail risk is to buy puts or perhaps do a more complex put spread.

In this July 22, 2010 post on his blog entitled, On the price of insurance and bull market in tail risk James Montier stresses the need for investors to buy cheap insurance.

James Montier: A Value Investor's Perspective on Tail Risk Protection: An Ode to the Joy of Cash http://myinvestingnotebook.blogspot.co.uk/2011/07/james-montier-value-investors.html Warren Buffett first coined the phrase «an economic moat», by which he meant the factors that enable some businesses to sustain and protect above average profits for a long period of time.

Many also learns from his mentor how to do his own dewclaws and tails, eliminating the risk of pups getting ill and stressed at the vet's office and also ensuring his tails are the proper length for the breed.

A prophylactic tail docking suggests that it is undertaken for the necessary protection of the dog from risk of disease or injury which is likely to arise in the future resulting from the retention of the entire tail.

In cats and dogs, the feet, tail, and ears are at highest risk for injury because of reduced blood flow to those parts of the body.

Before taking your animal in for an elective procedure such as tail docking or ear cropping, it is important to talk with your veterinarian about the risks of each medical procedure.

By teaching your children to know and respect the cat's body language, for instance to let go of the cat when he swings his tail, you will significantly lower the risks of injury.

Yet, according to the AKC, some vague potential risk for future tail injury theoretically justifies docking every single puppy of certain breeds.

At the risk of sounding really, really corny, if I am judging this new product based on a shiny coat and waggier tail, I think my dog has made the decision for me on what brand she's going to be on from now on!

«Cats and pitbuls are the most at - risk for overpopulation and going into our shelters,» said Kaitlyn Wright with Altered Tails Barnhart Clinic.

You fully understand and agree to assume all risks involved and all duties that you perform for Tails of Gray in your volunteer capacity.

Naruto's rage brings forth the Nine - Tailed Fox, but at great risk to both himself and those he cares for the most.

There's certainly more of a focus on characters and story here than Tail Concerto ever had, though it could hardly be called integrated — the majority of the game is spent tapping A to skip through dialogue sequences which, if it weren't for the awesome character portraits (some of which will probably be enough to push borderline furries over the edge) replete with inexplicable bubbles of French speech, would run the risk of quickly growing dull.

Decidedly cunning, the demons will question and bargain with you by draining your life or asking for you to gift them Macca to spend, all at the risk that they'll quickly turn tail and flee with their stolen goods.

Furthermore, I believe that the adoption / acceptance of the Precautionary Principle justifies the use of Bayesian methodology for determining the risks of abrupt SLR, particularly as there is only one AGW experiment that we can conduct on Earth this century, and thus there is no opportunity to conduct the repeatable observations that «Frequentists» demand in order to assess such «fat - tailed» risks.

David Wallace Wells penned an epic examination of the long tail, unlikely but not impossible risks of full - blown climate breakdown that we all too easily ignore (and got attacked by people who should know better for his trouble).

In very short form (recognizing that I will write somewhat loosely for purposes of brevity in this setting), Weitzman's central claim is that the probability distribution of potential losses from global warming is «fat - tailed», or includes high enough odds of very large amounts of warming (200C or more) to justify taking expensive action now to avoid these low probability / high severity risks.