COVARIANCE
Measure of the degree in which returns on two assets moving in tandem. A positive covariance signals the asset returns glide together. Conversely, a negative covariance indicates the returns move inversely. One way of computing covariance is by looking at return surprises in every scenario. Another is by multiplying the correlation between two variables by the standard deviation of each.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
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Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
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Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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