Construct · 1 fields · 1 citations

downside risk: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Asset pricing

an asset's comovement with the market specifically during market declines, which investors price beyond ordinary beta.

In asset pricing, downside risk refers to an asset's comovement with the market specifically during market declines, which investors price beyond ordinary beta. This meaning comes from Ang (2006) in Review of Financial Studies.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how downside risk sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

asset2 fields · 2 citationsjingle · one word, two constructs beta3 fields · 3 citationsjingle · one word, three constructs drawdown2 fields · 2 citationsjingle · one word, two constructs

References

Ang, A., Chen, J., & Xing, Y. (2006). Downside Risk. Review of Financial Studies, 19(4), 1191-1239. https://doi.org/10.1093/rfs/hhj035

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct