---
title: Low Volatility Asset Valuation in Brazilian Stock Market: Lower Risk with Higher Returns
url: https://www.ml-quant.com/papers/ssrn/4480285/
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: SSRN 4480285
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4480285
featured: 2025-12-28
citations: 0
topic: Derivatives & Volatility
---


# Low Volatility Asset Valuation in Brazilian Stock Market: Lower Risk with Higher Returns

Lower volatility Brazilian stocks have consistently outperformed high-volatility stocks in annual returns from 2003 to 2021.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4480285
- Identifier: SSRN 4480285
- Released: 2023-06-25
- First featured: Quant Letter No. 124 (2025-12-28): https://www.ml-quant.com/issues/2025-12-28/
- Citations (Semantic Scholar): 0
- Published in: not yet
- Topic: Derivatives & Volatility

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