There is strong evidence of a negative cross-sectional relationship between realized skewness and future stock returns - stocks with negative skewness are compensated with high future returns for ...

A recent article from The Globe and Mail’s Bob Tattersall was an eye-opener. Not necessarily because of any of its content, which is very interesting, but because one of Canada’s more successful ...

Across most markets, out-of-the-money (OTM) put options tend to be more expensive than OTM call options. This is most obviously true in the equity market, where investors fear downside risks more than ...