ML4T Exam 2 ALREADY PASSED
lagging - =Bollinger Bands is a ______ indicator
lagging indicator - =
leading indicator - =
breadth - =In terms of the fundamental law, when aiming for high performance, you can make up
for low skill with high _____.
Goldman Sachs - =______ was the first bank Michael approached to make him the CDSs?
Credit Default Swap - =What does CDS stand for?
long - =You should ___ a stock when the stock's price hits the bottom Bollinger Band.
Credit Default Swaps - =These insure the bonds against failure and the insurer paid the claim in
the underlying bonds fail.
discount factor - =The ______ allows us to value short-term reward more than long-term
rewards.
short - =The discount allows us to value _____-term reward more than long-term rewards.
Grinold's Fundamental Law - =IR = IC * SQRT(Breadth)
Information Ratio - =For Grinold's Fundamental Law, ______ is similar to Sharpe Ratio.
Sharpe Ratio - =For Grinold's Fundamental Law, Information Ratio is similar to _______.
Information Ratio - =The Sharpe Ratio is of excess return is known as the ________.
Sharpe Ratio - =The _____ of excess return is known as the Information Ratio.
volatility - =It is a good idea to create a portfolio that combines assets with negative correlation
since it reduces portfolio ______.
leverage - =Stock options can increase the ______ of a portfolio, as the investor can keep more
cash on hand up to the expiration date.
, expiration date - =Stock options can increase the leverage of a portfolio, as the investor can keep
more cash on hand up to the _______.
strong - =The _____ form of the EMH suggests that insider trading cannot be possible.
insider trading - =The strong form of the EMH suggests that _____ cannot be possible.
commodities - =Besides stock ______ have options.
semi-strong - =The assumption that prices will adjust rapidly to new public information
represents the ______ form of the efficient market hypothesis.
optimal - =Q-Learning is guaranteed to converge to the _____ policy.
Q-Learning - =______ is guaranteed to converge to the optimal policy.
credit default swaps - =CDOs primarily invest in ______.
intrinsic value - =Technical analysis does not consider the ______ of a company.
write - =The ______ call has a maximum loss that is theoretically unlimited.
return - =In a reinforcement learning problem, the reward parameter represents the _____.
immediate, discounted - =The _____ and ______ rewards are the two components to the Q
function in Q-Learning.
model-free - =Q-learning is an example of a ______ approach to reinforcement learning.
CDO-square - =A ______ is a CDO backed primarily by the tranches issues by other CDOs.
reward - =_____ serves as feedback from the environment in a reinforcement learning problem.
simluated - =The ______ environment is the least expensive environment used in a Dyna.
Scion Capital - =Micheal Burry worked at ______.
Sharpe Ratio - =A measure that indicates the average return minus the risk-free return divided by
the standard deviation of return on an investment.
lagging - =Bollinger Bands is a ______ indicator
lagging indicator - =
leading indicator - =
breadth - =In terms of the fundamental law, when aiming for high performance, you can make up
for low skill with high _____.
Goldman Sachs - =______ was the first bank Michael approached to make him the CDSs?
Credit Default Swap - =What does CDS stand for?
long - =You should ___ a stock when the stock's price hits the bottom Bollinger Band.
Credit Default Swaps - =These insure the bonds against failure and the insurer paid the claim in
the underlying bonds fail.
discount factor - =The ______ allows us to value short-term reward more than long-term
rewards.
short - =The discount allows us to value _____-term reward more than long-term rewards.
Grinold's Fundamental Law - =IR = IC * SQRT(Breadth)
Information Ratio - =For Grinold's Fundamental Law, ______ is similar to Sharpe Ratio.
Sharpe Ratio - =For Grinold's Fundamental Law, Information Ratio is similar to _______.
Information Ratio - =The Sharpe Ratio is of excess return is known as the ________.
Sharpe Ratio - =The _____ of excess return is known as the Information Ratio.
volatility - =It is a good idea to create a portfolio that combines assets with negative correlation
since it reduces portfolio ______.
leverage - =Stock options can increase the ______ of a portfolio, as the investor can keep more
cash on hand up to the expiration date.
, expiration date - =Stock options can increase the leverage of a portfolio, as the investor can keep
more cash on hand up to the _______.
strong - =The _____ form of the EMH suggests that insider trading cannot be possible.
insider trading - =The strong form of the EMH suggests that _____ cannot be possible.
commodities - =Besides stock ______ have options.
semi-strong - =The assumption that prices will adjust rapidly to new public information
represents the ______ form of the efficient market hypothesis.
optimal - =Q-Learning is guaranteed to converge to the _____ policy.
Q-Learning - =______ is guaranteed to converge to the optimal policy.
credit default swaps - =CDOs primarily invest in ______.
intrinsic value - =Technical analysis does not consider the ______ of a company.
write - =The ______ call has a maximum loss that is theoretically unlimited.
return - =In a reinforcement learning problem, the reward parameter represents the _____.
immediate, discounted - =The _____ and ______ rewards are the two components to the Q
function in Q-Learning.
model-free - =Q-learning is an example of a ______ approach to reinforcement learning.
CDO-square - =A ______ is a CDO backed primarily by the tranches issues by other CDOs.
reward - =_____ serves as feedback from the environment in a reinforcement learning problem.
simluated - =The ______ environment is the least expensive environment used in a Dyna.
Scion Capital - =Micheal Burry worked at ______.
Sharpe Ratio - =A measure that indicates the average return minus the risk-free return divided by
the standard deviation of return on an investment.
