Skip to main content

Main menu

  • Home
  • Latest Articles
  • Past Issues
  • About PA
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • Collections
  • LinkedIn
  • Twitter

User menu

  • Sample our Content
  • Request a Demo
  • Log in

Search

  • ADVANCED SEARCH: Discover more content by journal, author or time frame
Practical Applications
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • Collections
  • Sample our Content
  • Request a Demo
  • Log in
Practical Applications

Practical Applications

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Latest Articles
  • Past Issues
  • About PA
  • LinkedIn
  • Twitter
Article

Practical Applications of On the Holy Grail of “Upside Participation and Downside Protection”

Edward Qian and Barbara J. Mack
Practical Applications Fall 2015, 3 (2) DOI: https://doi.org/10.3905/pa.2015.3.2.132
Edward Qian
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
Barbara J. Mack
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • Report
  • Info & Metrics
  • PDF (Subscribers Only)
Loading

Click to login and read the full article.

Don’t have access? Click here to request a demo 
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600

On the Holy Grail of “Upside Participation and Downside Protection” Edward Qian

Abstract

If you are passionate about what qualifies as a good defensive strategy and how it relates to the traditional definitions of alpha and beta, or about the benefits of active management, you’ll want to read this report.

In On the Holy Grail of “Upside Participation and Downside Protection” , Eddie Qian , Chief Investment Officer in the Multi-Asset Group at PanAgora Asset Management introduces a new tool, the Participation Ratio Difference (PRD), to measure the level of upside participation relative to downside protection.

How might a strategy prosper when the market is good, while capping the downside when things take a turn for the worse? To answer that question, one must understand what downside protection really means, Qian says.

  • The content is made available for your general information and use and is not intended for trading or other specific investment advice purposes or to address your particular requirements. We do not represent or endorse the accuracy or reliability of any advice, opinion, statement, or other information provided any user of this publication. Reliance upon any opinion, advice, statement, or other information shall also be at your own risk. Independent advice should be obtained before making any such decision. Any arrangements made between you and any third party named in this publication are at your sole risk.
View Full Text

Don’t have access? Click here to request a demo

Alternatively, Call a member of the team to discuss membership options

US and Overseas: +1 646-931-9045

UK: 0207 139 1600

Log in using your username and password

Forgot your user name or password?
PreviousNext
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monthly highlights
  • Special collections

In this issue

Practical Applications: 3 (2)
Practical Applications
Vol. 3, Issue 2
Fall 2015
  • Table of Contents
  • Index by author
Print
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on Practical Applications.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
Practical Applications of On the Holy Grail of “Upside Participation and Downside Protection”
(Your Name) has sent you a message from Practical Applications
(Your Name) thought you would like to see the Practical Applications web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
Practical Applications of On the Holy Grail of “Upside Participation and Downside Protection”
Edward Qian
Practical Applications Oct 2015, 3 (2) DOI: 10.3905/pa.2015.3.2.132

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
Practical Applications of On the Holy Grail of “Upside Participation and Downside Protection”
Edward Qian
Practical Applications Oct 2015, 3 (2) DOI: 10.3905/pa.2015.3.2.132
del.icio.us logo Digg logo Reddit logo Twitter logo CiteULike logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
    • Abstract
    • Overview
    • Practical Applications
    • Key Definitions
    • Practical Applications Report
    • HOW TO MEASURE A STRATEGY’S PRD
    • THE INFLUENCE OF BETA
    • SECTOR ANALYSIS
  • Info & Metrics
  • PDF (Subscribers Only)
  • PDF (Subscribers Only)

Similar Articles

Cited By...

  • No citing articles found.
  • Google Scholar

More in this TOC Section

  • An Inconvenient Fact: Private Equity Returns and the Billionaire Factory
  • Practical Applications of The Profitability of Technical Analysis during Financial Bubbles
  • Practical Applications of Using Active Share to Evaluate Single- and Multi-Manager Portfolios
Show more Article
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 139 1600
 
NEW YORK
41 Madison Avenue, New York, NY 10010
USA
+1 646 931 9045
iprjournals@pageantmedia.com
 

Stay Connected

  • LinkedIn
  • Twitter

MORE FROM PMR

  • Awards
  • Investment Guides
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2021 Pageant Media Ltd | All Rights Reserved | ISSN Print: 2329-0196 | E-ISSN: 2329-020X

  • Site Map
  • Terms & Conditions
  • Cookies
  • Privacy Policy