Volatility models Samenvattingen, Aantekeningen en Examens

APIC's CPIM Part 1 Practice Exams Questions With 100% Correct Answers The ability of a company to address the needs of and inquiries and requests from customers refers to: on-time delivery. customer service. order fill rates. customer relationship management. - answercustomer service.: Customer service is the ability of a company to address the needs of and inquiries and requests from customers. Which of the following is included in the cost of goods sold? Standard cost General and a...

Standard I(A) - Knowledge of Law - Answer Understand and comply with all applicable laws, rules and regulations (including the CFA institutes code) of any government, regulatory organization, licensing agency, or professional association governing their professional activities. In the event of a conflict, comply with the more strict law, rule or regulation. Must not knowingly participate or assist in and must disassociate from any violation of such laws, rules or regulations Standard I(B)- In...

CAIA Exam Review With Correct Answers 2023 liquid alternatives - CORRECT ANSWER-Liquid alternatives typically have (1) constraints on permissible investments strategies (for example, liquidity and leverage limits), (2) no incentive fees, (3) less skilled managers as a result of less attractive compensation and limited strategies, and (4) an inability to earn substantial illiquidity premiums. constrained clone - A liquid investment fund that seeks to replicate the strategy of an exi...

Normal Distribution ○ Normal curve is symmetrical ○ 2 halves are identical ○ Doesn't hit zero but gets close ○ Mean = mu ○ Width = standard deviation = sigma ○ Values often thought as distance from the mean in standard deviations § Z value...how many standard deviations away from the mean LO 2.6.6.1: Demonstrate knowledge of the concept of informational market efficiency. The three forms of market efficiency include weak form (security prices fully reflect all availa...

Define what is meant by a trend in technical analysis - Uptrend is when prices reach higher peaks and higher troughs (VV for Downtrend) - Flat trend (sideways trend) is when a price trades in a range without significant underlying upward or downward movement Explain why determining the trend is important to analysts o From a technical analysts perspective "a trend is a directional movement of prices that remains in effect long enough to be identified and still be profitable." ...

What is simplest way to decompose active return piece of a portfolio return? - Answer- 1.)Allocation Effect: holding diff amounts of same securities as bench (over or under weighting compared to bench) (thereby Q held is the sources of difference) 2.) Security Selection Effect: holding diff securities than benchmark (thereby returns are the sources of difference) Decompose an actively managed mutual fund return - Answer- P =M + A + S A: Active return = P- Benchmark (holding diff. weightsof ...

Fire is rapid, self-sustaining __________ process, accompanied by the evolution of heat and light in varying intensities. Oxidation The process of combustion releases heat, which is what kind of reaction? Exothermic Which of the following reactions includes the absorption of heat? Endothermic The fire triangle includes fuel, an oxidizer, and: Energy Adding a fourth component, a chemical chain reaction, to the fire triangle creates which of the following models? F...

What is a split estate and in what region are split estates uncommon? A split estate is when the surface rights and mineral rights are separately owned. Split estates are relatively uncommon in the U.S. where private land owners tend to own both surface and mineral rights. List the three factors that drive the underlying asset volatility used to price an exchange option. • The volatility of the price of the asset(s) being delivered • The volatility of the price of the asset(s) be...

Common Shares - Answer- ownership interest. Residual claim (what's left after debt holders and preferred stockholders) Proxy - Answer- having someone else vote as they direct them on their behalf Statutory Voting - Answer- each share held is assigned one vote in the election of each member of the board of directors. Cumulative voting - Answer- shareholders can allocate their votes to one or more candidates as they choose. Benefits shareholders. Callable common shares - Answer- firm ...

Which of the following information security elements ensures that the information is accessible only to those who are authorized to have access? A authenticity B confidentiality C integrity D availability - Answer B Identify the information security element that determines trustworthiness of data or resources in terms of preventing improper and unauthorized changes. A integrity B availability C authenticity D non-repudiation - Answer A John, a security professional working for ...