COX-INGERSOLL-ROSS MODEL - CIR
Mathematical formula used to peg interest rate movements driven by the only source of market risk. The model stipulates short-term interest rates can be described through square root diffusion model with a mean reversion. It is frequently used in valuing interest rate derivatives. The CIR was developed by John C. Cox, Jonathan E. Ingersoll, and Stephen A. Ross in 1985.
POPULAR TERMS
Systematic Withdrawal Plan - SWP
Mutual fund service providing a given payout amount to the shareholder at preset intervals, normally monthly, quarterly, semiannually, or annually. ...
Respite Care
Short-term care of a few hours or weeks of the sick or disabled to provide relief, to the regular caregiver, usually a family member.
SEC Form N-54C
SEC Form N-54C is a filing used to withdraw a voluntary election to be regulated as a business development company to be submitted by an investment ...
Condor Spread
Options strategy comprised of a bear and a bull spread but has different strike prices that aims to earn limited profits with a small amount of ris ...
Economic Cycle
Natural fluctuation of the economy between the periods of growth and recession. The stage of the economic cycle at present can be determined by loo ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Mar | |
| 02:00 | ANZ Business Confidence | Mar | |
| 02:30 | Private Sector Credit | Feb | |
| 03:30 | PMI Manufacturing | Mar | |
| 03:30 | Non-Manufacturing PMI | Mar | |
| 07:00 | Housing Starts | Feb | |
| 08:00 | Retail Sales | Feb | |
| 08:00 | Import Price Index | Feb | |
| 10:30 | Mortgage Approvals | Feb |
