It stands for first-loss credit default swap; a credit default swap (CDS) that protects its buyer (the long) from losses…
It stands for historical volatility; a type of volatility that is estimated from past realized/ historical data rather than by...
It stands for past realized volatility; a type of volatility that is estimated from past realized/ historical data rather than...
An acronym for at-the-money implied volatility; a measure of volatility (at-the-money volatility, ATM volatility) that represents the risk-neutral standard deviation...
An acronym for at-the-money implied volatility; a measure of volatility (at-the-money volatility, ATM volatility) that represents the risk-neutral standard deviation...
It stands for modified internal rate of return; in relation to a fund/ a portfolio (also, private equity investments), it is...
It stands for against the box; a short sale which is carried out by the holder of a long position…
It stands for net present value; the current value of a series of future payments and receipts that is calculated...
Acronym for adaptive mesh model; a derivative valuation method which was developed by Figlewski and Gao (1999). It is a...
It stands for commercial mortgage-backed security; A CMBS is a fixed-income security (investment, instrument, etc.) backed by mortgage loans on...