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100			_a: Rossi, Francesco. _922990
245			_aModeling systematic and non-systematic risk in the uk cross-sectional equities: evidence of regimes and overstated parametric estimates _cFrancesco Rossi
260			_aHydrabad _bThe IUP Publications _cJune 2013
300			_a7-18 p. _bPaper
500			_aThe paper studies the behavior and interaction of systematic and idiosyncratic components of risk in a cross-section of UK stocks. No clear evidence is found of a trend in any component of total risk, but different ‘regimes’ in the behavior of each component of total risk, in their correlation patterns and thus in their contribution to aggregate risk, are documented. Comparing parametric and non-parametric estimates of residual risk, it is found that the former significantly overstates diversifiable risk, opposite to some previous findings for the US market, with the difference being very large, especially when an industry component is included.
650			_aStocks ( Finance) _xRate of Return _922991
650			_aAssets _922993
650			_aVolatality _922995
650			_aRisk management in business _922997
650			_aAnalysis of variance _922999
773	0		_030419 _933382 _aMURTHY, E N _dIUP PUBLICATION HYDEARABAD _o5551170 _tFINANCIAL RISK MANAGEMENT _x0972-916X
942			_2ddc _cJA-ARTICLE
999			_c43165 _d43165