Standard deviations implied in option prices have recently been introduced as being better
than average predictors of future stock price variability. This article specifically studies the …

The Constant Elasticity of Variance Model and Its Implications For Option Pricing Page 1 THE
JOURNAL OF FINANCE * VOL. XXXV, NO. 3 * JUNE 1980 The Constant Elasticity of Variance …

It has been argued in the literature that improved stock price return volatility measures can be
obtained using daily high and low prices in addition to the traditionally used closing prices. …

Simple factor models of worldwide equity returns are used to explore the level and trend in
international capital market integration. Global influences and national influences are of …

The search for a distribution which accurately describes the behavior of stock price returns
has generated a considerable amount of controversy. While it is well known that the …

The impact of fund size on investment performance is examined. Ultimately every investment
strategy will become self-defeating when too much money chases the same opportunity. It …

Forecasting company earnings is a difficult and hazardous task. In an efficient market where
analysts learn from past mistakes, there should be no persistent and systematic biases in …

In this paper we try to shed additional light on the question of integration or segmentation of
European equity markets by studying the statistical relevance of some intuitively appealing …

This article examines how the performance of gold investment is affected by the relationship
between the gold price and the strength of the US dollar. Gold has always been an …

Standardized gold options were introduced on the European Options Exchange in 1981. In
the paper we investigate the efficiency of its pricing procedures. Specifically, the put-call …