Misplaced Pages

#330669

50-670: Showcase featured characters in either one-shot appearances or brief two- or three-issue runs as a way to determine reader interest, without the financial risk of featuring "untested" characters in their own ongoing titles. The series began in March–April 1956 and saw the first appearance of several major characters including the Silver Age Flash , the Challengers of the Unknown , Space Ranger , Adam Strange , Rip Hunter ,

100-566: A cameo by almost every character that had premiered in the original run of Showcase in a story co-written by Paul Kupperberg and Paul Levitz and drawn by Joe Staton . The series was cancelled again after issue #104 (September 1978), as part of what is commonly called the " DC Implosion ". Issues #105 and #106 saw print in Cancelled Comic Cavalcade and #105 was later published in Adventure Comics . Issue #106

150-421: A crossover with Robin, involving Tim Drake and Huntress fighting a masked priest/vigilante attempting to eliminate his evil mob boss sister's criminal empire. Showcase '94 #8-9 featured a prelude to "Zero Hour Crisis In Time" that featured Monarch's transformation into Extant and #10 featured a crossover story involving Clock King fighting a series of temporal dopplegangers during "Zero Hour" while trying to obtain

200-460: A few issues, and then went away. [DC] decided to create Showcase for the very same reason it was originally created, to have a place to experiment, and if [the feature] sold, great . If not, they were already on to the next idea".[emphasis in original] The revived Showcase , using the original numbering, began with issue #94 and published the first appearance of the new Doom Patrol and the solo adventures of Power Girl . Issue #100 (May 1978) had

250-430: A hedge is an investment designed to reduce the risk of adverse price movements in an asset. Typically, a hedge consists of taking a counter-position in a related financial instrument, such as a futures contract. The Forward Contract The forward contract is a non-standard contract to buy or sell an underlying asset between two independent parties at an agreed price and date. The Future Contract The futures contract

300-453: A loss when trading an asset or a liability due to a difference between the accounting value and the price effectively obtained in the trade. In other words, valuation risk is the uncertainty about the difference between the value reported in the balance sheet for an asset or a liability and the price that the entity could obtain if it effectively sold the asset or transferred the liability (the so-called "exit price"). Operational risk

350-491: A mass audience by having him write The Sandman . The success of these titles, and her willingness to help the writers who worked with her push the envelope of what could be done in mass-circulation comic books, led to the creation of the mature-reader Vertigo line in 1993. Her critically and popularly successful titles under that imprint include Fables , Hellblazer , The Invisibles , 100 Bullets , Preacher , V for Vendetta , and Y: The Last Man . Berger

400-470: A portfolio by including a wide variety of equities, it will tend to exhibit the same risk and return characteristics as the market as a whole, which many investors see as an attractive prospect, so that index funds have been developed that invest in equities in proportion to the weighting they have in some well-known index such as the FTSE. However, history shows that even over substantial periods of time there

450-597: A powerful time travel artifact. With the 1995-1996 Showcase series, the focus switched from Batman centric characters to Superman centric characters. This included a story involving the Matrix Supergirl that led into her ongoing series written by Peter David ( Showcase '96 #8) and a two-part story involving the Post-Zero Hour Legion of Super-Heroes (#11-12) which featured the first post-Zero Hour meeting of Brainiac 5 and his ancestor Vril Dox and

500-526: A prototype story for what became the Birds of Prey ongoing appeared in Showcase '96 #3. The series also had a series of crossover tie-ins. Showcase '93 had a two-part crossover with the "Knightfall Saga" set while Batman recovered from having his back broken by Bane, which revealed a previously untold story from earlier in the "Knightfall" storyline where Batman fought Two-Face. Showcase '94 #4-5 were part of

550-513: A statistical model in finance is a risk factor distribution. Recent papers treat the factor distribution as unknown random variable and measuring risk of model misspecification. Jokhadze and Schmidt (2018) propose practical model risk measurement framework. They introduce superposed risk measures that incorporate model risk and enables consistent market and model risk management. Further, they provide axioms of model risk measures and define several practical examples of superposed model risk measures in

SECTION 10

#1732787585331

600-418: A stock it is possible to buy an option to sell that stock at a defined price at some point in the future. The combined portfolio of stock and option is now much less likely to move below a given value. As in diversification there is a cost, this time in buying the option for which there is a premium. Derivatives are used extensively to mitigate many types of risk. According to the article from Investopedia ,

650-521: Is a specialized discipline within risk management. It constitutes the continuous-process of risk assessment, decision making, and implementation of risk controls, resulting in the acceptance, mitigation, or avoidance of the various operational risks. Non-financial risks summarize all other possible risks Financial risk, market risk, and even inflation risk can at least partially be moderated by forms of diversification . The returns from different assets are highly unlikely to be perfectly correlated and

700-410: Is a standardized contract to buy or sell an underlying asset between two independent parties at an agreed price, quantity and date. Option contract The Option contract is a contract gives the buyer (the owner or holder of the option) the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price prior to or on a specified date, depending on the form of

750-834: Is a variation adopted from the Basel II regulations for banks: "The risk of a change in value caused by the fact that actual losses, incurred for inadequate or failed internal processes, people and systems, or from external events (including legal risk), differ from the expected losses". The scope of operational risk is then broad, and can also include other classes of risks, such as fraud , security , privacy protection , legal risks , physical (e.g. infrastructure shutdown) or environmental risks. Operational risks similarly may impact broadly, in that they can affect client satisfaction, reputation and shareholder value, all while increasing business volatility. Previously, in Basel I , operational risk

800-414: Is a wide range of returns that an index fund may experience; so an index fund by itself is not "fully diversified". Greater diversification can be obtained by diversifying across asset classes; for instance a portfolio of many bonds and many equities can be constructed in order to further narrow the dispersion of possible portfolio outcomes. A key issue in diversification is the correlation between assets,

850-478: Is an American comic book editor. She is best known for her role in helping create DC Comics ' Vertigo imprint in 1993 and serving as the line 's Executive Editor until 2013. She currently oversees Berger Books , an imprint of creator-owned comics being published by Dark Horse Comics . Berger majored in English literature and art history at Brooklyn College , and upon her graduation in 1979, she entered

900-405: Is considered the most critical type of losses as it represents the instability and unpredictability of true losses that may be encountered at a given timeframe. This is the risk that a given security or asset cannot be traded quickly enough in the market to prevent a loss (or make the required profit). There are two types of liquidity risk: Valuation risk is the risk that an entity suffers

950-535: Is married to Richard Bruning , who also formerly worked at DC. In 2007, Berger was named supervising editor (along with Senior Editor Shelly Bond) of Minx , a new comic book imprint published by DC. Minx published comics and graphic novels aimed at teenage girls until they were cancelled in 2008. On December 3, 2012, she announced that she would be stepping down from her post as Executive Editor & Senior Vice President of DC Entertainment's Vertigo imprint and that she would remain on through March 2013 to assist in

1000-428: Is potential that a borrower may default or miss on an obligation as stated in a contract between the financial institution and the borrower. Attaining good customer data is an essential factor for managing credit risk. Gathering the right information and building the right relationships with the selected customer base is crucial for business risk strategy. In order to identify potential issues and risks that may arise in

1050-515: Is the risk of losses caused by flawed or failed processes, policies, systems or events that disrupt business operations. Employee errors, criminal activity such as fraud, and physical events are among the factors that can trigger operational risk. The process to manage operational risk is known as operational risk management . The definition of operational risk, adopted by the European Solvency II Directive for insurers,

SECTION 20

#1732787585331

1100-411: Is the risk that interest rates or the implied volatility will change. The change in market rates and their impact on the profitability of a bank, lead to interest rate risk. Interest rate risk can affect the financial position of a bank and may create unfavorable financial results. The potential for the interest rate to change at any given time can have either positive or negative effects for the bank and

1150-694: Is the risk that stock prices in general (not related to a particular company or industry) or the implied volatility will change. When it comes to long-term investing, equities provide a return that will hopefully exceed the risk free rate of return The difference between return and the risk free rate is known as the equity risk premium. When investing in equity, it is said that higher risk provides higher returns. Hypothetically, an investor will be compensated for bearing more risk and thus will have more incentive to invest in riskier stock. A significant portion of high risk/ high return investments come from emerging markets that are perceived as volatile. Interest rate risk

1200-487: Is too much variation between the amount of risks producers and consumers of commodities face in order to have a helpful framework or guide. Financial risk measurement, pricing of financial instruments, and portfolio selection are all based on statistical models. If the model is wrong, risk numbers, prices, or optimal portfolios are wrong. Model risk quantifies the consequences of using the wrong models in risk measurement, pricing, or portfolio selection. The main element of

1250-406: Is understood to include only downside risk , meaning the potential for financial loss and uncertainty about its extent. Modern portfolio theory initiated by Harry Markowitz in 1952 under his thesis titled "Portfolio Selection" is the discipline and study which pertains to managing market and financial risk . In modern portfolio theory, the variance (or standard deviation ) of a portfolio

1300-494: Is used as the definition of risk. According to Bender and Panz (2021), financial risks can be sorted into five different categories. In their study, they apply an algorithm-based framework and identify 193 single financial risk types, which are sorted into the five categories market risk , liquidity risk , credit risk , business risk and investment risk . The four standard market risk factors are equity risk, interest rate risk, currency risk, and commodity risk: Equity risk

1350-539: The 1990s with reader enthusiasm for the "#1" issues of new series. The new series was published as Showcase '93 , a monthly 12-issue miniseries , replaced yearly by Showcase '94 , '95 and '96 , each one also a miniseries lasting 12 issues. For the first two years (1993–1994), Showcase featured characters and concepts from the Batman family of titles with an emphasis on villain-centric one-off stories. The 1994 Azrael series launched out of Showcase '94 with #10 while

1400-1040: The Silver Age Green Lantern , the Sea Devils , the Silver Age Atom , the Metal Men , the Inferior Five , the Creeper , Anthro , Hawk and Dove , Angel and the Ape , the Silver Age Spectre , and Bat Lash . In 1962, DC purchased an adaptation of the James Bond novel and film Dr. No , which had been published in British Classics Illustrated , and published it as an issue of Showcase . It

1450-425: The amount of risk one is prepared to accept in pursuit of his objectives), determined by balancing the costs of improvement against the expected benefits. Wider trends such as globalization, the expansion of the internet and the rise of social media, as well as the increasing demands for greater corporate accountability worldwide, reinforce the need for proper risk management . Thus operational risk management (ORM)

1500-554: The basic indicator approach and the standardized approach for calculating operational risk capital . Contrary to other risks (e.g. credit risk , market risk , insurance risk ) operational risks are usually not willingly incurred nor are they revenue driven. Moreover, they are not diversifiable and cannot be laid off. This means that as long as people, systems, and processes remain imperfect, operational risk cannot be fully eliminated. Operational risk is, nonetheless, manageable as to keep losses within some level of risk tolerance (i.e.

1550-734: The benefits increasing with lower correlation. However this is not an observable quantity, since the future return on any asset can never be known with complete certainty. This was a serious issue in the late-2000s recession when assets that had previously had small or even negative correlations suddenly starting moving in the same direction causing severe financial stress to market participants who had believed that their diversification would protect them against any plausible market conditions, including funds that had been explicitly set up to avoid being affected in this way. Diversification has costs. Correlations must be identified and understood, and since they are not constant it may be necessary to rebalance

Showcase (comics) - Misplaced Pages Continue

1600-408: The comics industry. Notable creators who made their DC debuts with New Talent Showcase include Mark Beachum, Norm Breyfogle , Tom Grindberg , Steve Lightle , Mindy Newell , and Stan Woch . Per editorial policy, the series featured only new characters. DC revived the Showcase title in 1993 when the 1950s retailer reluctance to order new, untested series had largely vanished, and was replaced in

1650-456: The comics profession as an assistant to editor Paul Levitz at DC. She later became Levitz's editor when he was writing Legion of Super-Heroes . More interested in horror comics, she soon became editor of House of Mystery , and was instrumental in nurturing Alan Moore 's Swamp Thing book, taking over the editing from co-creator Len Wein . She also edited Amethyst, Princess of Gemworld . She later helped bring Neil Gaiman 's work to

1700-436: The consumer. If a bank gives out a 30-year mortgage at a rate of 4% and the interest rate rises to 6%, the bank loses and the consumer wins. This is an opportunity cost for the bank and a reason why the bank could be affected financially. Currency risk is the risk that foreign exchange rates or the implied volatility will change, which affects, for example, the value of an asset held in that currency. Currency fluctuations in

1750-410: The context of financial risk management and contingent claim pricing. Credit risk management is a profession that focuses on reducing and preventing losses by understanding and measuring the probability of those losses. Credit risk management is used by banks, credit lenders, and other financial institutions to mitigate losses primarily associated with nonpayment of loans. A credit risk occurs when there

1800-438: The correlation may sometimes be negative. For instance, an increase in the price of oil will often favour a company that produces it, but negatively impact the business of a firm such an airline whose variable costs are heavily based upon fuel. However, share prices are driven by many factors, such as the general health of the economy which will increase the correlation and reduce the benefit of diversification. If one constructs

1850-558: The credit event. Some factors impacting expected exposure include expected future events and the type of credit transaction. Expected Default is a risk calculated for the number of times a default will likely occur from the borrower. Expected Severity refers to the total cost incurred in the event a default occurs. This total loss includes loan principle and interests. Unlike Expected Loss, organizations have to hold capital for Unexpected Losses. Unexpected Losses represent losses where an organization will need to predict an average rate of loss. It

1900-405: The future, analyzing financial and nonfinancial information pertaining to the customer is critical. Risks such as that in business, industry of investment, and management risks are to be evaluated. Credit risk management evaluates the company's financial statements and analyzes the company's decision making when it comes to financial choices. Furthermore, credit risks management analyzes where and how

1950-546: The imports and exports of an international firm. For example, if the euro depreciates against the dollar, the U.S. exporters take a loss while the U.S. importers gain. This is because it takes less dollars to buy a euro and vice versa, meaning the U.S. wants to buy goods and the EU is willing to sell them; it is too expensive for the EU to import from U.S. at this time. Commodity risk is the risk that commodity prices (e.g. corn, copper, crude oil) or implied volatility will change. There

2000-502: The loan will be utilized and when the expected repayment of the loan is as well as the reason behind the company's need to borrow the loan. Expected Loss (EL) is a concept used for Credit Risk Management to measure the average potential rate of losses that a company accounts for over a specific period of time. The expected credit loss is formulated using the formula: Expected Loss = Expected Exposure X Expected Default X Expected Severity Expected Exposure refers to exposure expected during

2050-425: The marketplace can have a drastic impact on an international firm's value because of the price effect on domestic and foreign goods, as well as the value of foreign currency denominate assets and liabilities. When a currency appreciates or depreciates, a firm can be at risk depending on where they are operating and what currency denominations they are holding. The fluctuation in currency markets can have effects on both

Showcase (comics) - Misplaced Pages Continue

2100-446: The option. ACPM - Active credit portfolio management EAD - Exposure at default EL - Expected loss LGD - Loss given default PD - Probability of default KMV - quantitative credit analysis solution developed by credit rating agency Moody's VaR - Value at Risk, a common methodology for measuring risk due to market movements Karen Berger Karen Berger ( / ˈ b ɜːr ɡ ər / ; born February 26, 1958)

2150-459: The original Showcase series. Several other issues were included in other reprint collections. In August 1977, Showcase was revived for 11 issues after the cancellation of 1st Issue Special , which ran from 1975 to 1976. Writer Paul Kupperberg reminisced: "1977 was an expansionary time at DC, and Jenette Kahn was supportive of trying new things. There were a lot of new ideas being thrown around at that time. A lot of books came around, lasted

2200-457: The portfolio which incurs transaction costs due to buying and selling assets. There is also the risk that as an investor or fund manager diversifies, their ability to monitor and understand the assets may decline leading to the possibility of losses due to poor decisions or unforeseen correlations. Hedging is a method for reducing risk where a combination of assets are selected to offset the movements of each other. For instance, when investing in

2250-443: The slated content for Showcase #107–109 was Gerry Conway 's Western adventure The Deserter . DC published New Talent Showcase , which ran for 15 issues (Jan. 1984 – March 1985), briefly changed its title to Talent Showcase , and then ended with issue #19 (Oct. 1985). For the most part edited by Karen Berger (and for a short time by Sal Amendola ), the series gave new writers and artists their first professional opportunity in

2300-403: The transition to a new editorial team. The New York Times profiled Berger and her departure from Vertigo in an article entitled "Comics' Mother of 'The Weird Stuff' is Moving On". In February 2017, Dark Horse Comics announced that Berger would be overseeing a new line of creator-owned comics published by Dark Horse under the imprint: Berger Books. Berger Books' first print publication

2350-490: The villain Brainiac, which ultimately served as the final storyline as the series was canceled with #12. In 2005, DC began publishing thick, black-and-white reprints of older material under the umbrella title Showcase Presents . Financial risk Financial risk is any of various types of risk associated with financing , including financial transactions that include company loans in risk of default . Often it

2400-465: Was negatively defined : namely that operational risk are all risks which are not market risk and not credit risk . Some banks have therefore also used the term operational risk synonymously with non-financial risks . In October 2014, the Basel Committee on Banking Supervision proposed a revision to its operational risk capital framework that sets out a new standardized approach to replace

2450-556: Was included in The Creeper by Steve Ditko hardcover collection published by DC in 2010. Two other series were announced before the series cancellation: The Huntress , which would have spun out of her feature in Batman Family ; and World of Krypton , which was published as DC's first miniseries in 1979. According to editor Paul Levitz, at the time of the cancellation there were still no Huntress stories in production, and

2500-591: Was the first American comic book appearance of the character. Showcase stood out from other tryout series in that it maintained its own readership; readers who liked a feature would buy the series when it came out, but would often continue buying Showcase as well. The series was canceled in 1970 with issue #93, featuring Manhunter 2070 . In 1992, DC Comics published a trade paperback reprint collection titled The Essential Showcase: 1956–1959 ( ISBN   978-1563890796 ). This collection reprints selected stories/characters from issues #1, 4, 6, 9, 11, 13, and 17 of

#330669