Adaptive Expectations and Stock Market Crashes.
... essential feature of the aggregate stock market in modern times and appear to be crucial for understanding the empirical patterns of option prices (e.g., Ait-Sahalia et al., 2001). A satisfactory model of crashes should generate asymmetric price jumps from little or no fundamental news. By and large ...
... essential feature of the aggregate stock market in modern times and appear to be crucial for understanding the empirical patterns of option prices (e.g., Ait-Sahalia et al., 2001). A satisfactory model of crashes should generate asymmetric price jumps from little or no fundamental news. By and large ...
TalkingPoints: How Market Participants Found Light With
... Past performance of the Index is not an indication of future results. Prospective application of the methodology used to construct the Index may not result in performance commensurate with the back-test returns shown. The back-test period does not necessarily correspond to the entire available histo ...
... Past performance of the Index is not an indication of future results. Prospective application of the methodology used to construct the Index may not result in performance commensurate with the back-test returns shown. The back-test period does not necessarily correspond to the entire available histo ...
Oaktree High Yield Bond Fund
... Emerging Markets Risk. Investing in emerging markets involves additional risks and special considerations not typically associated with investing in other more established economies or markets. In emerging markets, there is often less government supervision and regulation of business and industry pr ...
... Emerging Markets Risk. Investing in emerging markets involves additional risks and special considerations not typically associated with investing in other more established economies or markets. In emerging markets, there is often less government supervision and regulation of business and industry pr ...
Chapter 9 Put and Call Options
... This purchase would cost you $535 plus transactions fees, which would typically be around $7 to $15.4 Why might you want to buy this call option? Suppose you think that there was a good chance that IBM stock would rise to, say, $210 per share over the 99-day period of time in question. If your guess ...
... This purchase would cost you $535 plus transactions fees, which would typically be around $7 to $15.4 Why might you want to buy this call option? Suppose you think that there was a good chance that IBM stock would rise to, say, $210 per share over the 99-day period of time in question. If your guess ...
Monetary Policy, Private Information, and
... These shocks are quantitatively important. For example, a shock of one standard deviation to private information about future U.S. interest rates is equivalent to almost 25 per cent of the standard deviation of the total factor driving weekly returns. A similar shock to private information about U.S ...
... These shocks are quantitatively important. For example, a shock of one standard deviation to private information about future U.S. interest rates is equivalent to almost 25 per cent of the standard deviation of the total factor driving weekly returns. A similar shock to private information about U.S ...
risk measurement for hedge fund portfolios
... instruments they can invest. Secondly, because hedge funds are not required to register with the Securities and Exchange Commission (SEC), they cannot advertise or market their funds, which makes finding good hedge fund managers a challenging task. Third, because the industry is unregulated, many he ...
... instruments they can invest. Secondly, because hedge funds are not required to register with the Securities and Exchange Commission (SEC), they cannot advertise or market their funds, which makes finding good hedge fund managers a challenging task. Third, because the industry is unregulated, many he ...
SMG Teachers Guide - The Stock Market Game
... product’s label. In class, they explore where the product was bought, who makes the product, and possibly other products the company produces. Parent Companies As your students create a list of companies from the products they found in their home, they will come across companies that are not listed. ...
... product’s label. In class, they explore where the product was bought, who makes the product, and possibly other products the company produces. Parent Companies As your students create a list of companies from the products they found in their home, they will come across companies that are not listed. ...
Instructions for Setting Up and Operating Firebird
... properties…, and Common. In the Description field enter “Main_UpTrend_Alert_” if the trend line is going up and “Main_DownTrend_Alert_” if the trend line is going down. Firebird will look for the word “Main” so that it knows where to stop trading. It will also look for “UpTrend” or “DownTrend” so it ...
... properties…, and Common. In the Description field enter “Main_UpTrend_Alert_” if the trend line is going up and “Main_DownTrend_Alert_” if the trend line is going down. Firebird will look for the word “Main” so that it knows where to stop trading. It will also look for “UpTrend” or “DownTrend” so it ...
Volatility trading in options market: How does it a ect where
... requirements on the behavior of informed traders. They show that, in the absence of margin requirements, informed traders split their trades between the stock and the option, although they exhibit a bias towards the stock because of its greater information sensitivity. But when informed traders do f ...
... requirements on the behavior of informed traders. They show that, in the absence of margin requirements, informed traders split their trades between the stock and the option, although they exhibit a bias towards the stock because of its greater information sensitivity. But when informed traders do f ...
The Framework for Upstream Pricing
... on LRICs for treatment. Companies have AICs for resources but in many cases this is not available for treatment. Often resources are developed to replace existing sources where abstraction is being reduced for environmental reasons, so treatment for the new resource can be accommodated within existi ...
... on LRICs for treatment. Companies have AICs for resources but in many cases this is not available for treatment. Often resources are developed to replace existing sources where abstraction is being reduced for environmental reasons, so treatment for the new resource can be accommodated within existi ...
8th Grade Stock Market Project Overview: This activity is designed to
... Overview: This activity is designed to make students aware of corporations and the stock market through Internet research, buying, recording, and selling stocks of their choice over a 2 week period. The stock market played an important role in the economy and lives of the people who lived in the 192 ...
... Overview: This activity is designed to make students aware of corporations and the stock market through Internet research, buying, recording, and selling stocks of their choice over a 2 week period. The stock market played an important role in the economy and lives of the people who lived in the 192 ...
Incorporating Uncertainty into Discounted Cash Flow
... believes these opportunities generally occur when the market is at depressed levels and when individual issues are particularly unpopular (173). The margin of safety advised by Graham is essentially picking securities whose value to the investor does not depend on accurately predicting the future. T ...
... believes these opportunities generally occur when the market is at depressed levels and when individual issues are particularly unpopular (173). The margin of safety advised by Graham is essentially picking securities whose value to the investor does not depend on accurately predicting the future. T ...
Price Discrimination Law and Economic Efficiency
... pricing. The result is likely to be reduced output as to the higherpriced groups of customers, and increased output as to the lowerpriced groups. It may be that generally circumstances are such that on balance output will be increased as compared to that produced at the profit-maximizing single pric ...
... pricing. The result is likely to be reduced output as to the higherpriced groups of customers, and increased output as to the lowerpriced groups. It may be that generally circumstances are such that on balance output will be increased as compared to that produced at the profit-maximizing single pric ...
Investment Securities Internal Control Questionnaire
... 20. Are supporting documents, such as brokers’ confirmations and account statements for recorded purchases and sales, checked or reviewed subsequently by persons who do not also have sole custody of securities or authorization to execute trades? 21. Are purchase confirmations compared to delivered s ...
... 20. Are supporting documents, such as brokers’ confirmations and account statements for recorded purchases and sales, checked or reviewed subsequently by persons who do not also have sole custody of securities or authorization to execute trades? 21. Are purchase confirmations compared to delivered s ...
Download attachment
... The development of a debt securities market is an important initial step towards the formation of the basic rudimentary structure of the capital market. It is an important way of attracting both domestic and international funds should be high priority on the agenda of SADC Stock Exchanges, Committee ...
... The development of a debt securities market is an important initial step towards the formation of the basic rudimentary structure of the capital market. It is an important way of attracting both domestic and international funds should be high priority on the agenda of SADC Stock Exchanges, Committee ...
Fundamentals of Corporate Finance
... • Some other ways that a foreign government can affect the risk of a foreign project include: Change tax laws in a way that adversely impacts the firm. Impose laws related to labor, wages, and prices that are more restrictive than those applicable for domestic firms. Disallow any remittance of funds ...
... • Some other ways that a foreign government can affect the risk of a foreign project include: Change tax laws in a way that adversely impacts the firm. Impose laws related to labor, wages, and prices that are more restrictive than those applicable for domestic firms. Disallow any remittance of funds ...
Equilibrium Analysis of Expected Shortfall
... may not monitor the risk of an investment continuously as in these papers. Regulators typically require investors to report their risks over a certain time period. For example, it is stated in SEC (1997) that companies must disclose quantitative information at the end of a fiscal year, whereas in BC ...
... may not monitor the risk of an investment continuously as in these papers. Regulators typically require investors to report their risks over a certain time period. For example, it is stated in SEC (1997) that companies must disclose quantitative information at the end of a fiscal year, whereas in BC ...
BKM Chapter II
... Examples of how to adjust the rate of return on a discount money market instrument calculated on a 360-day year basis (a US T-Bill) such that it can be compared to a yield instrument whose return is calculated on a 365-day year (here a US bond). ...
... Examples of how to adjust the rate of return on a discount money market instrument calculated on a 360-day year basis (a US T-Bill) such that it can be compared to a yield instrument whose return is calculated on a 365-day year (here a US bond). ...