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  2. Volatility (finance) - Wikipedia

    en.wikipedia.org/wiki/Volatility_(finance)

    actual historical volatility which refers to the volatility of a financial instrument over a specified period but with the last observation on a date in the past near synonymous is realized volatility , the square root of the realized variance , in turn calculated using the sum of squared returns divided by the number of observations.

  3. Volatility risk - Wikipedia

    en.wikipedia.org/wiki/Volatility_risk

    Volatility risk is the risk of an adverse change of price, due to changes in the volatility of a factor affecting that price. It usually applies to derivative instruments , and their portfolios, where the volatility of the underlying asset is a major influencer of option prices .

  4. Equity premium puzzle - Wikipedia

    en.wikipedia.org/wiki/Equity_premium_puzzle

    The authors state that this relationship is caused by the association between negative changes in implied volatility and market downturns. Yan (2011) [ 30 ] presents an explanation for the equity premium puzzle using the slope of the implied volatility smile.

  5. How implied volatility works with options trading

    www.aol.com/finance/implied-volatility-works...

    Implied volatility can change constantly due to shifts in market conditions, supply and demand for the underlying asset and broader economic events that may change investors’ sentiment. Implied ...

  6. Modern portfolio theory - Wikipedia

    en.wikipedia.org/wiki/Modern_portfolio_theory

    Portfolio return volatility is a function of the correlations ρ ij of the component assets, for all asset pairs (i, j). The volatility gives insight into the risk which is associated with the investment. The higher the volatility, the higher the risk. In general: Expected return:

  7. United States securities regulation - Wikipedia

    en.wikipedia.org/wiki/United_States_Securities...

    The Securities Act of 1933 regulates the distribution of securities to public investors by creating registration and liability provisions to protect investors. With only a few exemptions, every security offering is required to be registered with the SEC by filing a registration statement that includes issuer history, business competition and material risks, litigation information, previous ...

  8. Financial regulation - Wikipedia

    en.wikipedia.org/wiki/Financial_regulation

    Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest considerations; and information asymmetry, which justifies curbs on freedom of contract in selected areas of financial services, particularly those that ...

  9. Blue sky law - Wikipedia

    en.wikipedia.org/wiki/Blue_sky_law

    A blue sky law is a state law in the United States that regulates the offering and sale of securities to protect the public from fraud. Though the specific provisions of these laws vary among states, they all require the registration of all securities offerings and sales, as well as of stockbrokers and brokerage firms .