When the combined ratio falls it’s a good indicator because in numerator it has expenses and denominator it has income .i.e. insurance premiums. About numerator insurance company has underwriting expenses and also those which are forecast by them that how much claims are going to be triggered(I don’Read more
When the combined ratio falls it’s a good indicator because in numerator it has expenses and denominator it has income .i.e. insurance premiums.
About numerator insurance company has underwriting expenses and also those which are forecast by them that how much claims are going to be triggered(I don’t know the exact name but it is something ‘delta claims provisions’) so if this are low then insurance company is doing good job If it is rising than claims are triggering more than what was expected by them.
The vignette is stating fully hedge so we have to consider gama. And Delta is for Very small change in the stock price while Delta and Gamma is small change in stock price. Remember Although both of this are never used for large change in underlying price they are appropriate only for SMALL change.Read more
The vignette is stating fully hedge so we have to consider gama. And Delta is for Very small change in the stock price while Delta and Gamma is small change in stock price. Remember Although both of this are never used for large change in underlying price they are appropriate only for SMALL change.
-why?
Bcoz there is 3rd order effect and 4th order and so on is there.
The confusion over here is that first step is we find no arbitrage rates at the initiation of contract(bada factor by chota factor) and you put bada factor in RCL 1 and chota factor in RCL 2 and find rate for the FRA. 2)Now in your example the 3 months have passed but ‘In example the 6m rate is alreRead more
The confusion over here is that first step is we find no arbitrage rates at the initiation of contract(bada factor by chota factor) and you put bada factor in RCL 1 and chota factor in RCL 2 and find rate for the FRA.
2)Now in your example the 3 months have passed but ‘In example the 6m rate is already given the new one’ so you don’t have to find the new rate if it was not given then you have to find the new one for example: If it was for 60*270 FRA and 20 days have passed since initiation so you to find new rate at today by doing 250 days ka factor STO1 and 40 days ka factor STO2 and new rates come as per term structure now you do the valuation of FRA. [old F- new F]/RCL1 this is pulling the ans where you standing. We don’t take old RCL1 which used to calculate the rate at initiation.
Thanks sir but there was also one more doubt regarding the sharpe ratio suppose my risk appetite is 14% and I don’t want to the risk that fund is taking 17.1 . So I put 81.87% in fund and 18.13% in Rf. When calculate the sharp ratio i.e 0.8187*10+ 0.1813*2.3 - 2.3/14 and ratio is same my question isRead more
Thanks sir but there was also one more doubt regarding the sharpe ratio suppose my risk appetite is 14% and I don’t want to the risk that fund is taking 17.1 . So I put 81.87% in fund and 18.13% in Rf. When calculate the sharp ratio i.e 0.8187*10+ 0.1813*2.3 – 2.3/14 and ratio is same my question is the Rf wala part jo hai 2nd in formula it is already there in 10% so they are taking again. While earnings on Global bond ki shayad global bond koi dusra return rahega jo ki esme nahi diya.
There are two types of stocks one is value and other is growth. Value are those stocks which are downtrodden but in future they are going to win i.e whose P/B ratio is low, and B/P is high and in fundamental weighting is generally have a ‘contrarian’ effect means jo stock increase hua hai usse weiRead more
There are two types of stocks one is value and other is growth. Value are those stocks which are downtrodden but in future they are going to win i.e whose P/B ratio is low, and B/P is high and in fundamental weighting is generally have a ‘contrarian’ effect means jo stock increase hua hai usse weight hatta kar loser ko weight jayada milega when there is rebalancing. (feeling lossers are going to be winners) value tilt. Weights are given to book value & etc.
1) MBS are backed by housing loans and the interest paid by the housing loan borrowers is paid to the investors in MBS In Tranche 2)CDO is a pool of diversify portfolio of debt obligations and CDO manager try to earn by buying and selling the same. 3)collateralise mortgage obligation(CMO) is a poolRead more
1) MBS are backed by housing loans and the interest paid by the housing loan borrowers is paid to the investors in MBS In Tranche
2)CDO is a pool of diversify portfolio of debt obligations and CDO manager try to earn by buying and selling the same.
3)collateralise mortgage obligation(CMO) is a pool of mortgage pass through security where mortgage pass through security is a single MBS without any tranche or repackaged and CMO is made of this backed Mortgage pass through security FEEL it has a double layered.
Analysis of Financial Institution
When the combined ratio falls it’s a good indicator because in numerator it has expenses and denominator it has income .i.e. insurance premiums. About numerator insurance company has underwriting expenses and also those which are forecast by them that how much claims are going to be triggered(I don’Read more
When the combined ratio falls it’s a good indicator because in numerator it has expenses and denominator it has income .i.e. insurance premiums.
See lessAbout numerator insurance company has underwriting expenses and also those which are forecast by them that how much claims are going to be triggered(I don’t know the exact name but it is something ‘delta claims provisions’) so if this are low then insurance company is doing good job If it is rising than claims are triggering more than what was expected by them.
Derivatives
The vignette is stating fully hedge so we have to consider gama. And Delta is for Very small change in the stock price while Delta and Gamma is small change in stock price. Remember Although both of this are never used for large change in underlying price they are appropriate only for SMALL change.Read more
The vignette is stating fully hedge so we have to consider gama. And Delta is for Very small change in the stock price while Delta and Gamma is small change in stock price. Remember Although both of this are never used for large change in underlying price they are appropriate only for SMALL change.
-why?
Bcoz there is 3rd order effect and 4th order and so on is there.
See lessDerivatives
The confusion over here is that first step is we find no arbitrage rates at the initiation of contract(bada factor by chota factor) and you put bada factor in RCL 1 and chota factor in RCL 2 and find rate for the FRA. 2)Now in your example the 3 months have passed but ‘In example the 6m rate is alreRead more
The confusion over here is that first step is we find no arbitrage rates at the initiation of contract(bada factor by chota factor) and you put bada factor in RCL 1 and chota factor in RCL 2 and find rate for the FRA.
See less2)Now in your example the 3 months have passed but ‘In example the 6m rate is already given the new one’ so you don’t have to find the new rate if it was not given then you have to find the new one for example: If it was for 60*270 FRA and 20 days have passed since initiation so you to find new rate at today by doing 250 days ka factor STO1 and 40 days ka factor STO2 and new rates come as per term structure now you do the valuation of FRA. [old F- new F]/RCL1 this is pulling the ans where you standing. We don’t take old RCL1 which used to calculate the rate at initiation.
Derivative
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?
See lessAnalysis of active portfolio management
Thanks sir but there was also one more doubt regarding the sharpe ratio suppose my risk appetite is 14% and I don’t want to the risk that fund is taking 17.1 . So I put 81.87% in fund and 18.13% in Rf. When calculate the sharp ratio i.e 0.8187*10+ 0.1813*2.3 - 2.3/14 and ratio is same my question isRead more
Thanks sir but there was also one more doubt regarding the sharpe ratio suppose my risk appetite is 14% and I don’t want to the risk that fund is taking 17.1 . So I put 81.87% in fund and 18.13% in Rf. When calculate the sharp ratio i.e 0.8187*10+ 0.1813*2.3 – 2.3/14 and ratio is same my question is the Rf wala part jo hai 2nd in formula it is already there in 10% so they are taking again. While earnings on Global bond ki shayad global bond koi dusra return rahega jo ki esme nahi diya.
See lessequity
There are two types of stocks one is value and other is growth. Value are those stocks which are downtrodden but in future they are going to win i.e whose P/B ratio is low, and B/P is high and in fundamental weighting is generally have a ‘contrarian’ effect means jo stock increase hua hai usse weiRead more
There are two types of stocks one is value and other is growth. Value are those stocks which are downtrodden but in future they are going to win i.e whose P/B ratio is low, and B/P is high and in fundamental weighting is generally have a ‘contrarian’ effect means jo stock increase hua hai usse weight hatta kar loser ko weight jayada milega when there is rebalancing. (feeling lossers are going to be winners) value tilt. Weights are given to book value & etc.
See lessProfit Margin
Operating margins is after deducting depreciation and amortisation and EBITDA is earnings before interest tax dep and amortisation.
Economics of regulation
Thanks
Thanks
See lessEconomics of regulation
Thanks
Thanks
See lessCDO
1) MBS are backed by housing loans and the interest paid by the housing loan borrowers is paid to the investors in MBS In Tranche 2)CDO is a pool of diversify portfolio of debt obligations and CDO manager try to earn by buying and selling the same. 3)collateralise mortgage obligation(CMO) is a poolRead more
1) MBS are backed by housing loans and the interest paid by the housing loan borrowers is paid to the investors in MBS In Tranche
2)CDO is a pool of diversify portfolio of debt obligations and CDO manager try to earn by buying and selling the same.
3)collateralise mortgage obligation(CMO) is a pool of mortgage pass through security where mortgage pass through security is a single MBS without any tranche or repackaged and CMO is made of this backed Mortgage pass through security FEEL it has a double layered.
See less