Author: Avery

Financial Econometrics 2

Efficient Market Hypothesis The EMH Definition: A market in which prices always fully reflect available information is called efficient(i.e.,the price

Avery Published on 2024-09-08

Financial Risk Management

introduction 几个定义 风险:从事后角度来看的由于不确定因素而造成的损失 金融风险:经济主体在金融活动中遭受损失的不确定性 风险敞口(risk exposure):指金融活动中存在金融风险的部位以及受金融风险影响的程度 分类 市场风险(market risk):又称价格风险,指由资产的市

Avery Published on 2024-08-31

Financial Econometrics

Asset Returns several definitions Let Pt be the price of an asset at t, the one-period simple return is defined as:

Avery Published on 2024-08-30