http://greenhornfinancefootnote.blogspot.com/2009/11/contangobackwardation-and-normal.html
" 總結來說Current spot price與Futures price間的差異，決定期貨是在Contango 或Backwardation狀態。
Expected future spot price與Futures price間的差異，決定期貨是否有Normal backwardation。"
2012年5月29日 星期二
2012年5月14日 星期一
2012年5月10日 星期四
2012年2月27日 星期一
2012年1月26日 星期四
It's time?
Is it time to execute the strategy to sell with 20% profit?
Different strategy should be applied at different times.
不過記住: 錢係賺唔盡既.
Sold one lot of 148@ $27.5, while still keeping one lot.
Bought one lot of 3339 @ 3.06.
FRM: Flashcard for Financial Disaster. http://www.flashcardmachine.com/frm-schweser-topic6.html
Different strategy should be applied at different times.
不過記住: 錢係賺唔盡既.
Sold one lot of 148@ $27.5, while still keeping one lot.
Bought one lot of 3339 @ 3.06.
FRM: Flashcard for Financial Disaster. http://www.flashcardmachine.com/frm-schweser-topic6.html
2012年1月11日 星期三
About Debt Overhang
Something about debt overhang and how risk management can help to reduce debt overhang. http://frmstudycourse.com/press/2011/12/27/describe-debt-overhang-and-explain-how-risk-management-can-increase-firm-value-by-reducing-the-probability-of-debt-overhang/
2012年1月9日 星期一
Compound annual growth rate
Something about the definition:
http://www.investopedia.com/terms/c/cagr.asp#axzz1ivHqeA66
2012年1月4日 星期三
More on CAPM
More on CAPM, especially on the assumptions
http://www.globusz.com/ebooks/Valuation/00000024.htm#top
http://www.globusz.com/ebooks/Valuation/00000024.htm#top
2012年1月3日 星期二
CAPM
The general idea behind CAPM is that investors need to be compensated in two ways: time value of money and risk.
The time value of money is represented by the risk-free (rf) rate in the formula and compensates the investors for placing money in any investment over a period of time.
The other half of the formula represents risk and calculates the amount of compensation the investor needs for taking on additional risk.
This is calculated by taking a risk measure (beta) that compares the returns of the asset to the market over a period of time and to the market premium (Rm-rf).
Read more: http://www.investopedia.com/terms/c/capm.asp#ixzz1iNCnkqAD
The time value of money is represented by the risk-free (rf) rate in the formula and compensates the investors for placing money in any investment over a period of time.
The other half of the formula represents risk and calculates the amount of compensation the investor needs for taking on additional risk.
This is calculated by taking a risk measure (beta) that compares the returns of the asset to the market over a period of time and to the market premium (Rm-rf).
Read more: http://www.investopedia.com/terms/c/capm.asp#ixzz1iNCnkqAD
2011年11月21日 星期一
Reading list of FOUNDATIONS OF RISK MANAGEMENT
訂閱：
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