---
title: Systemic Risk Measures from 1927-2023
url: https://www.ml-quant.com/papers/ssrn/5030262/
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 5030262
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5030262
featured: 2024-11-27
citations: unknown
topic: Risk, Credit & Banking
---


# Systemic Risk Measures from 1927-2023

Measures of systemic risk based on the comovements of US financial firms' stock returns under stress can predict market outcomes, bank failures, and balance-sheet results from 1927 to 2023.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5030262
- Identifier: SSRN 5030262
- Released: 2024-11-22
- First featured: Quant Letter No. 76 (2024-11-27): https://www.ml-quant.com/issues/2024-11-27/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Risk, Credit & Banking

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