Whether the introduction of futures has influenced the underlying assetvolatility and its characteristics is still debated both in the economics and practitioners.
期货的推出是否对其标的资产的波动性及其特性有显著影响,至今在经济学界和实践部门都有着很大的争议。
2
The strategy is sensitive to the manager′s risk tolerance, the assetvolatility rate and the liquidity coefficient, but it is insensitive to the security excess return rate.
最优策略对管理者的风险厌恶程度、资产波动率和流动性系数较为敏感,而对证券超额收益率敏感程度较低。
3
Measurement and modeling of financial assetvolatility is an important problem in financial theory and practice. Many ways exist to measure and model financial assetvolatility.