systematic risk of the volatility of an asset relative to the market volatility. J.Choi & M.Richardson (n.d) stated that the asset volatility is time-varying and that financial leverage matters and has a large influence on equity volatility. Besides that‚ the systematic risk is defined as the probability that the financial system as a whole might become unstable‚ rather that the health of individual market participants (E.V.Murphy‚ 2012). Sometimes‚ systematic risk is called as market risk. According
Premium Risk Finance Operational risk
a C. Reliability In order for assessments to be sound‚ they must be free of bias and distortion. Reliability and validity are two concepts that are important for defining and measuring bias and distortion. Reliability refers to the extent to which assessments are consistent. Just as we enjoy having reliable cars (cars that start every time we need them)‚ we strive to have reliable‚ consistent instruments to measure student achievement. Another way to think of reliability is to imagine a kitchen
Premium Psychometrics Reliability Cronbach's alpha
How Normalization Can Be Used to Check Relations Data normalization is a technique used during logical data modeling to ensure that there is only one way to know a fact‚ by removing all structures that provide more than one way to know the same fact as represented in a database relation (table). There are six generally recognized normal forms of a relation: first normal form‚ second normal form‚ third normal form‚ Boyce/Codd normal form‚ fourth normal form‚ and fifth normal form‚ also called projection/join
Premium Database normalization
The problems faced by modern intelligence services are inherent to their composition and methods of operation. According to Douglas Hart and Steven Simon‚ authors of Thinking Straight and Talking Straight: Problems of Intelligence Analysis’‚ such problems include issues with recruitment of personnel‚ intensely bureaucratic structures‚ and lack of collaboration between agencies and between other intelligence professionals. This work will consider the above points from the perspective of several
Premium Federal Bureau of Investigation Central Intelligence Agency United States
The purpose of business activities(prepared by Lincoln Henry) Business is the production of goods or provision of service with the aim of making a profit. Production – is the process of transferring raw materials into semi – finish of finish goods. Provision – making something available. Good – is a tangible item that one can see‚ touch and that is portable. Service – is intangible‚ it is something that one can experience and enjoy. Profit – profit is cost of production minus sales
Free Economics Mixed economy Capitalism
Economics of the Financial System Show how transactions in derivatives can be used to either hedge risk or to open speculative positions. Derivatives have become popular in response to the increasing volatility and complexity of financial markets. A diverse range of new financial products have been created to enable market participants to handle the risks arising from trade in securities and to speculate on future expected movements in securities prices‚ without direct trade in the assets themselves
Premium Futures contract Derivative Option
anthropology and criminology. It’s study affects all aspects of society. In the following paragraphs‚ I will discuss how social science theory ‚ specifically criminology can help reduce crime. Criminology & Penology is the branch of social science that deals with occurrences of crime‚ their causes and their consequences. It is the study of crime within society. In society an activity that occurs outside the boundaries of the law‚ is considered to be a crime. “Crime” in society varies by perspective
Premium Criminology Sociology Crime
Internet has vital impact in our life nowadays as it becomes more and more popular. It allows us to have wider range of communication and interaction‚ to exchange and share experiences‚ thoughts‚ information‚ and to make business online. Without doubt‚ internet make our life more easier‚ internet banking system allow us to manage our bank accounts‚ paying bills without queuing‚ online shops allow us to make purchase without going out‚ online education‚ publication and article postings allow us learn
Premium Cryptography Pretty Good Privacy Computer security
Edward Azar- How the Lack of Human Security can Threaten State Security. Huge Miall‚ Oliver Ramsbotham and Tom Woodhouse (2014b) separate intra-state conflict theories into two broad categories of grievance-based and greed-based theories. Grievance based theories focus on repression of human needs‚ society structures and identity issues as explanatory factors of violent conflict whereas greed based theory claim‚ that violent conflict is fueled by economic incentives. Both types of theories recognize
Premium Economics Capitalism Sociology
development of technology and the Internet has had an important impact on every aspect of life. The application of automatic and electronic system has becomes essential in every activity‚ particularly in business. E-business now has an important role in the success of enterprises. It reduces expenditure‚ time and labor for management information systems‚ yet provides higher quality of financial information to managers. On the other hand‚ conducting e-business can create a non-secure environment that
Premium Security Risk Computer