---
title: Common Risk Factors in the Returns on Stocks, Bonds (and Options), Redux
url: https://www.ml-quant.com/papers/repec/nbr-nberwo-35579/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:nbr:nberwo:35579
source_url: https://econpapers.repec.org/RePEc:nbr:nberwo:35579
featured: 2026-09-25
citations: unknown
topic: Asset Pricing & Factors
---


# Common Risk Factors in the Returns on Stocks, Bonds (and Options), Redux

The research identifies common risk factors spanning stocks, corporate bonds, and options linked to economic indicators, revealing significant market segmentation and cross-asset hedging opportunities.

- Source: https://econpapers.repec.org/RePEc:nbr:nberwo:35579
- Identifier: RePEc:nbr:nberwo:35579
- Released: 2026-09-13
- First featured: Quant Letter No. 132 (2026-09-25): https://www.ml-quant.com/issues/2026-09-25/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Asset Pricing & Factors
- Authors: Zhongtian Chen, Nikolai Roussanov, Xiaoliang Wang, Dongchen Zou

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