Tag: quantitative
Heath-Jarrow-Morton Model (HJM Model)
What is 'Heath-Jarrow-Morton Model - HJM Model' A model that applies forward rates to an existing term structure of interest rates to determine...
Implementation Shortfall
DefinitionIn financial markets, implementation shortfall is the difference between the decision price and the final execution price for a trade. This is also known...
On Track
What is 'On Track' 1. A type of commodities delivery for futures contracts that is deferred and priced according to the seller's...
Management Risk
What is 'Management Risk' The risks associated with ineffective, destructive or underperforming management, which hurts shareholders and the company or fund being...
Academy Of Financial Divorce Practitioners
What is 'Academy Of Financial Divorce Practitioners' An organization dedicated to the development of financial expertise with respect to divorce. The Academy...
Random Factor Analysis
What is 'Random Factor Analysis' A statistical analysis performed to determine the origin of random data figures collected. Random factor analysis is...
Risk Management
Risk management includes all the processes that are used for identifying, analyzing, and either accepting or mitigating the risks that make decision making in...
Range Accrual
DefinitionIn finance, a range accrual is a type of derivative product very popular among structured-note investors. It is estimated that more than US$160 billion...
Sanford J. Grossman
DefinitionSanford "Sandy" Jay Grossman is an American economist and hedge fund manager specializing in quantitative finance. Grossman's research has spanned the analysis of information...
Backtesting
DefinitionBacktesting is a term used in modeling to refer to testing a predictive model on historical data. Backtesting is a type of retrodiction, and...