Risk changes over time. Whether risk changes can be modelled satisfactorily is a major challenge taken up by researchers.doi:10.1108/eb018494AllesLakshman A.Managerial FinanceAlles Lakshman A. Investment Risk Concepts and Measurement of Risks in Asset Returns [ J ]. Managerial Finance, 1995,21 ( ...
However the investors must take prudent action because of the extremely high risks in this field. Besides conventional feasibility analysis, the investors should judge the risk factors in detail to determine the investment value of a particular high technology project. Based on this requirement, this...
Therefore, to get a clearer picture of the trade-off between return and risk in a leveraged investment, many investors have turned to the Sharpe ratio. One has to make a number of restrictive assumptions when using the Sharpe ratio to compare ...
lecture6 the meaning and measurement of risk and return Chap. 6 KMP LECTURE 6 The Meaning and Measurement of Risk & Return
framework of existence of long-term dependence in return series,and can be measured by the noise of return series according to this paper.On basis of this,also studied the investment horizon effect or risk measurement with different sampling interval of index retun series of Shanghai stock ...
Measuring investment risk precisely is critical to investment strategies. In common practice, the most popular measure of risk is standard deviation. However, standard deviation makes no distinction between positive and negative deviations from the mean. Such risk measurement could lead to biased decision...
in this model.The proposed approach is applied based on a realistic case study,the wind farm in the Inner Mongolia.The result shows that CVaR is feasible and effective to measure investment risk of wind power projects.The influence on the overall risk of discount rate and electricity price are...
The risk-adjusted return measures the profit your investment has made relative to the amount of risk the investment has represented throughout a period. If two or moreinvestmentsdelivered the samereturnover a given time, the one with the lowest risk will have a better risk-adjusted return. Anal...
discount rale to a certain extent.Moreover,as the uncertainty exists economy evaluation models based on the interval to criteria in respect,the corresponding risk measurement model is established based on probability theory in the paper,and provides more reliable decision support to investment decision-...
Examines and discusses on the issue of risk in the research and development (R&D) and innovation processes. Scope and division of literature relating to returns to the R&D; Knowledge production function; Factors that may lead to fall in the value of patent protection in a given invention time....