black stock
- black stock的基本解释
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炭黑混合物, <美><废>可供买卖的黑人奴隶(总称)
- 相关歌词
- Chapter 13 (Rich Man vs. Poor Man)
- Makeshift Patriot
- The INC Is Back
- They Be On It
- Auld Lang Syne (Millenium Mix)
- Hip Hop
- 相关中文词汇
- 炭黑混合物
- 更多网络例句与black stock相关的网络例句 [注:此内容来源于网络,仅供参考]
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Under the hypothesis of stock price submitting to exponential Ornstein-Uhlenbeck process ,we solve the formula of pricing of stock and analyse the kind of the option formula, and then aiming at the blemish to suppose to interest rate before and considering the relation of the fluctuation of interest rate and the fluctuation of stock price , we bring up the model of the market interest rate and focus on analyzing the effect of the fluctuation of market interest rate on the option price based on the model.
本文首先在股票价格服从指数Ornstein-Uhlenbeck过程模型假设下,求解了股票的定价公式,分析了期权公式的性质,然后针对以往对利率假定的缺陷,考虑到市场利率波动与股价波动的相关性,提出了市场利率模型,并在此基础上,着重分析了市场利率的波动对期权价值的影响,求得了适合于期权有效期较长情形下的期权定价公式,并将该公式通过实例与著名的Black-Scholes期权定价公式进行了深入比较。
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Based on modern option pricing theories,Black-Scholes and Merton option pricing model are used to study the pricing of the structured products,and its design,characteristics and risk are studied respectively.Based on Black-Scholes and Merton option pricing models,I also use the checking method to estimate the parameters of the model following real prices data,And calculate the theoretical price.Then,I compare the real and theoretical prices of the two pricing models.The results show that the effects of the Merton option pricing model are superior to the Black-Scholes option pricing model.Moreover,It shows that Hong Kong stock prices are also affected by the instant messages,and the jump phenomenon may exist in Hong Kong stock market.
本文以香港衍生品市场上三种主要结构性产品结构性票据、牛熊证和衍生权证为例,探讨了结构性产品的设计、特点、风险和定价,以现代期权定价理论为基础,以B-S和Merton两种期权定价为基础,根据市场价格经过校验得出模型隐含的参数,编程计算出两种定价模型下的理论价格,并将其实际价格和理论价格进行了比较,结果显示:Merton定价模型的效果要优于Black-scholes定价模型,说明香港市场的股票价格也可能受即时信息的影响,存在跳跃现象。
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This paper will assume that there are effective stock market and effective executive market, and the basic hypothesises in Black-Scholes Stock Options Pricing Model are correct. We will discuss the optimal repricing scheme under three situations, one is that the board of the company considers repricing when the price declines straightly ; the second is at the beginning of stock life,the board promises to reprice under some conditions at a certain coming time; the third is when some condition happens at an uncertain coming time, the board promises to reprice the ESO.
本文在有有效的股票市场,也有有效的经理人市场,Black-Scholes期权定价模型中的基本假设是正确的条件下,分别讨论了公司的董事会在股价持续下跌时考虑重新定价、在授予经理人期权的时候就承诺在未来某一确定时刻一定条件下可以进行重新定价和未来不确定时刻一定条件下可以进行重新定价三种情况下的最优重新定价问题。
- 更多网络解释与black stock相关的网络解释 [注:此内容来源于网络,仅供参考]
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11" Dinner Plate:11 "晚餐板
Dynasty Black Open Stock Dinner Plate王朝黑色开放股票晚宴板 | 11" Dinner Plate 11 "晚餐板 | Made of Ironstone作出的铁矿石
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Complaints were a stock in trade of an airport manager's job:(机场经理的工作就是常常面对投诉)
1)Complaints were a stock in trade of an airport manager's job (机场经理的工作就是常常面对投诉) | 2)He was the master of black humor, it was his stock in trade (他是... | since 在句中引导的是一个原因状语...
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He was the master of black humor, it was his stock in trade:(他是黑色幽默大师,黑色幽默是他的专长)
1)Complaints were a stock in trade of an airport manager's job ... | 2)He was the master of black humor, it was his stock in trade (他是黑色幽默大师,黑色幽默是他的专长) | since 在句中引导的是一个原因状...