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Though mindful of the possibility of downside risks – UBS highlighted recent reports of disruption in the supply chain – it reckons that Halfords should be able to "offset any top line disappointment with cost savings, £4m of which are expected to be delivered this year as a result of the distribution chain reorganisation".
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Nomura has a price target of 40 euro cents a share for Bankia, so that there is a possibility of "further downside," Mr. Quinn added.
In other words, Plaid have introduced the possibility of a downside for Wales as a result of developments in Scotland.
In the absence of the possibility of the downside, discipline disappears, high risk is the obvious course of action, and the rest of the society wonders why entities that never pay the price for failure warrant high compensation if they succeed.
Failsafe software design means acknowledging a broad spectrum of downside threats and possibilities, and carefully bounding the risks.
Stock, on the other hand, has the possibility of upside appreciation, albeit with downside risk.
The central bank left open the possibility of going still lower, warning "downside risks to growth remain".
The Fed on Wednesday delivered a widely expected cut in its key rate to 1percentt, and left open the possibility of going still lower, warning that "downside risks to growth remain".
In the past month, the dramatic meltdown in credit and lending conditions has raised the possibility of an even worse than expected downside for the homebuilding industry, Moody's argued.
But Magner says the downside never outweighed the possibility of succeeding.
"Other downside risks include the possibility of weaker-than-expected domestic and global demand and insufficient implementation of structural reforms in euro area countries".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com