| 单词 | 波动率 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 释义 | 波动率 noun, plural —volatilities plSee also:波动—wave motion • rise and fall • undulate
|
其低的日波动性源于Mapleridge公司严格的风险管理方法，这是公司投资流程的基础，使公司可以把每天的平 均 波动率 限 制 在125个基点以下。 tipschina.gov.cn | Its low daily volatility stems from Mapleridge's strict risk management approach, which is [...] fundamental to its investment process and enables the firm [...] to limit average volatility to less than 125 [...]basis points per day. tipschina.gov.cn |
债券投资组合的业绩(15 年 平均回报率 [...] 6.4%)超过了巴克莱资本全球综合债券指数(6.1%)，但 其 波动率 ( 6 . 7%) 高于该指数(5.7%)。 daccess-ods.un.org | The bond portfolio (with a 15-year average return of 6.4 per cent) outperformed the Barclays Capital [...] Global Aggregate Bond Index (6.1 per cent) [...] but had higher volatility (6.7 per cent) [...]compared with that Index (5.7 per cent). daccess-ods.un.org |
因此，利用这个信息，可以做出去或不去的最佳决策（例如，无亏 损 波动率 点可以在折现现金流模型中重新计算用于跨越这个阶段和等待的可能性是有价值的）。 crystalballservices.com | Thus, using this information, you can make [...] better go or no-go decisions (for [...] instance, breakeven volatility points can be traced [...]back into the discounted cash flow [...]model to estimate the probability of crossing over and that this ability to wait becomes valuable). crystalballservices.com |
最后， [...] 我们将石油天然气的例子更深入一步分析，假定在这个折现现金流收益线下不存在其它的市 场风险，计算此时的收益波动率仍就 是正当的，因为这个公司可能拥有国际业务，其税率水 [...] 平和金融杠杠都不同（不同的融资方式）。 crystalballservices.com | Finally, taking the oil and gas example a step further, computing the volatility of revenues assuming no other market risks exist below this revenue line in [...] the DCF, is justified because this firm [...] may have global operations with different [...]tax conditions and financial leverages [...](different ways of funding projects). crystalballservices.com |
这类前瞻性信息存在重要的风险和不确定性，可能导致实际结果与目前的预期存在实质性的差异，例如：与油气勘探、开发、开采、生产、营销和运输有关的风险，市场损失、大宗商品价 格 波动 、 汇 率波动 、 其他生产商的竞争、无法保留钻机和其他服务、对关键人员的依赖以及保险风险等。 tipschina.gov.cn | Such forward-looking information is subject to important risks and uncertainties that could cause actual results to differ materially from what is currently expected, for example: risks related to oil and gas exploration, development, exploitation, production, marketing and [...] transportation, loss of [...] markets, volatility of commodity prices, currency fluctuations, competition [...]from other producers, [...]inability to retain drilling rigs and other services, reliance on key personnel, and insurance risks. tipschina.gov.cn |
根据相关的证券法，包括公司管理层对公司未来计划及业务的评估在内，有关公司的某些信息可能是前瞻性声明，这些声明必然包括与采矿勘探及开采、价 格 波动 、 汇 率波动 、 矿 产资源估计不准确、环境风险、获得劳动力及服务、其他公司竞争以及获得足够资本的能力相关的风险。 tipschina.gov.cn | Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks [...] associated with mining [...] exploration and development, volatility of prices, currency fluctuations, imprecision [...]of resource estimates, [...]environmental risks, access to labour and services, competition from other companies and ability to access sufficient capital. tipschina.gov.cn |
如果宏观经济形势不稳定， 会造成政治后果——通胀加剧、汇 率波动 和 失 业率 上升都可能导致公众的不满、引起动荡。 crisisgroup.org | If the macroeconomic situation is not stable, there can be political [...] repercussions – with rising [...] inflation, exchange rate fluctuations and unemployment [...]all likely to lead to public disaffection and potential unrest. crisisgroup.org |
为使其资产和现金流动免受不利 汇率波动的影响，工程处采取保守的风险管理办法，以便尽可能减少 汇 率波动带 来的影响。 daccess-ods.un.org | In order to protect its assets and [...] cash flow against adverse [...] currency movements, UNRWA adopts a conservative risk management approach to minimize its exposure to exchange rate fluctuations . daccess-ods.un.org |
汇率波动有可能影响现金流，因为联合国的摊款是按美元做预算的， 需要在执行报告中做调整。 daccess-ods.un.org | Currency fluctuations can affect cash [...] flow since the United Nations share is budgeted in United States dollars and is subject [...]to adjustment in performance reports. daccess-ods.un.org |
虽然近东救济工程处主要以美元支付费用，但是获得的收入中有 63% 是非美元货币，这就使近东救济工程处面临 汇 率波动 的 风 险。 daccess-ods.un.org | Although UNRWA expenditure is incurred mainly in United States dollars, 63 per cent of the [...] income is received in non-United States dollar currencies, thus exposing the Agency to [...] the risks of currency fluctuations. daccess-ods.un.org |
秘书长的报告详细说明了根据汇 率波动 和 通 货膨胀重计费用所用的 方法(第 8、9 和 12 段)。 daccess-ods.un.org | The Secretary-General’s report [...] provides details on the methodology used in the [...] recosting of exchange-rate fluctuations and inflation (paras. [...]8, 9 and 12). daccess-ods.un.org |
为 了缓和汇率波动和升 值问题，特别是在实际汇率达到历史低水平的情形下，一些 国家采取了包括准备金累积在内的措施(阿根廷、巴西、哥伦比亚、哥斯达黎加、 危地马拉、墨西哥和秘鲁)，设法减少资本流入(巴西采取了征税和限制等手段， 这增加了固定收益证券外国投资的金融交易税，这一税率首先增加到 [...] 4%，后来在 [...] 10 月份增加到 6%)，增加资金流出(智利和秘鲁提高了对外国的退休基金投资的 总限额)。 daccess-ods.un.org | To moderate exchange-rate volatility and appreciation, especially in situations of historically low effective rates of exchange, [...] some countries deployed [...]measures that included reserve accumulation (Argentina, Brazil, Colombia, Costa Rica, Guatemala, Mexico and Peru) and sought to stem capital inflows (by means of taxes and restrictions in Brazil, which increased the financial transaction tax on foreign investment in fixed-income instruments — first to 4% and then, in October, to 6%) and increased outflows (Chile and Peru raised the overall limit on pension fund investments abroad). daccess-ods.un.org |
如果国内大米价格上升，他们会暂停大米出口；在 处理黑市汇率波动时， 他们往往会拘留外汇兑换商 或者采取不甚高明的干涉措施，从而导致非官方汇 率毫无预警地大幅变动。 crisisgroup.org | Rising domestic rice prices would [...] lead to temporary bans [...] on exports, and fluctuations of the black market exchange rate were dealt with [...]by detaining money-changers [...]or clumsy interventions that led to rapid and unpredictable shifts in the unofficial rate. crisisgroup.org |
这次金融和经济危机特别是对发展中国家妇女的经济赋权产生了不利影响， [...] 其主要传导机制是：全球出口下降，直接影响到出口部门的生产，然后通过消极倍 增效应对国内市场产生不利影响(特别是出口依赖型经济国)；发展中国家的资本流 入骤减；援助具有助长周期性波动的 性 质；危机对移徙工人产生影响，从而影响到 汇款；随之而出现的是汇率贬值 ，影响到国内生产和价格；全球粮价的异 常 波动产 生 影响；很多发展中国家财政紧缩已经导致重大公共开支的削减和社会发展收益的 减少，进而影响基本服务的提供，使社会发展成果付之东流，并影响生活品质。 daccess-ods.un.org | The main transmission mechanisms of the financial and economic crisis that have had negative impacts on women’s economic empowerment, especially in developing countries, have been the global decline in exports, which has directly affected production in the export sector and subsequently domestic markets through negative multiplier effects (especially in export-dependent economies); significant declines in capital flows to the developing world; the pro-cyclical nature of aid; the impact of the crisis on [...] migrant workers and [...] therefore on remittances; the consequent exchange rate devaluation, which has affected domestic production and prices; the impact of extreme volatility in global food prices; and the fiscal constraints [...]in many developing countries [...]that have already led to cutbacks in important public expenditures and social development gains, thereby affecting access to basic services, reversing social development gains and adversely affecting their quality of life. daccess-ods.un.org |
不过要 [...] 指出，用于法官薪酬和专业职类工作人员的工作地点差价调整办法，将减轻并且 基本上吸收美元和欧元汇率波动的影 响。 daccess-ods.un.org | It may be noted, however, that the post adjustment mechanism for judges’ remuneration as well as for Professional staff [...] will alleviate and largely absorb the [...] effects of exchange rate movements between the United [...]States dollar and the euro. daccess-ods.un.org |
内部监督事务部指出，在防止汇 率波动 的 套汇安排方面存在一些不遵守近 东救济工程处规定、规章、政策和程序的做法，并指出套头交易战略方面的技能 不足，且未能保持有关套头交易活动的充分记录。 daccess-ods.un.org | The Department of Internal Oversight Services noted instances of non-compliance with prescribed rules and regulations, policies and procedures of UNRWA, in the area of hedging against foreign exchange movements, where it noted that adequate skills for hedging strategies did not exist and adequate records of hedging activities were not maintained. daccess-ods.un.org |
(c) 其他用品、服务和设备(366 800 美元，即占 61.1 %)，主要因为汇率波 动造成汇兑损失。 daccess-ods.un.org | (c) Other supplies, services and equipment [...] ($366,800, or 61.1 per cent), attributable primarily to the recording of losses as a [...] result of exchange rate fluctuations. daccess-ods.un.org |
外部因素有：全球经济表现，以及需求最高 [...] 和需求增长最快国家的经济表现；研究与开发（R&D）投资水平；技术可信度；以及 汇 率波动。 wipo.int | External factors include: performance of the economy globally, and in countries of the highest and fastest growing [...] demand; research and development (R&D) investment levels; technological confidence [...] levels; and exchange rate fluctuations. wipo.int |
(b) 其他用品、服务和设备(2 [...] 333 100 美元)：所需经费增加部分原因是因 为汇率波动，造成货币兑换、特别是美元与欧元的兑换出现整体损失。 daccess-ods.un.org | (b) Other supplies, services and equipment ($2,333,100): [...] increased requirements were due in [...] part to exchange rate fluctuations that resulted in [...]an overall loss on exchange, in particular [...]between the United States dollar and the euro. daccess-ods.un.org |
大会第 65/289 号决议第六节第 77 段回顾了第 64/269 号决议第一节第 [...] 14 段， 其中请秘书长报告在维和预算中报告为消除 汇 率波动 的 影 响而采取的措施和维持和 平账户的管理问题。 daccess-ods.un.org | The General Assembly, in paragraph 77, section VI, of its resolution 65/289, recalled section I, paragraph 14, of resolution 64/269, in which it requested the Secretary-General to [...] report on measures to address the [...] impact of exchange rate fluctuations in the presentation [...]of peacekeeping budgets and the [...]management of peacekeeping accounts. daccess-ods.un.org |
咨询委员会获悉，世贸组织已非正式地表示，鉴于近 期美元汇率波动，一 旦出现现金流问题，它愿意增加其在国贸中心预算中的份额， [...] 并在简化分册中突出说明了这一问题。 daccess-ods.un.org | The Committee was informed that WTO has informally [...] indicated that it is prepared to advance [...] its share of the ITC budget in the event of cash flow [...]problems and that the issue is highlighted [...]in the simplified fascicle, given the recent fluctuations in the United States dollar exchange rates. daccess-ods.un.org |
执行局亦不妨注意到开发署的关切，即根据目前的预测并视 汇 率波动 情 况而 定，2010 年各方为开发署经常资源提供的捐款可能会进一步减少，而且目前仍很 [...] 难预测 2011 年的捐款数额。 daccess-ods.un.org | The Executive Board may further wish to note the concern of UNDP that [...] according to current projections and [...] subject to exchange rate fluctuations, contributions to [...]UNDP regular resources may decrease [...]further in 2010 and remain, at this point, highly unpredictable for the year 2011. daccess-ods.un.org |
由于这些预测是按月做出的，取决于多种因素，其中包括 汇率 波动和捐 助者的新捐助表示，因此很有可能变化。 daccess-ods.un.org | As these projections, which are made on a monthly [...] basis, depend on a number of factors, [...] including exchange rate fluctuations and new indications [...]from donors, they are likely to change. daccess-ods.un.org |
鉴于美元是联合国系统通用记账单位和报告单位，2009 年报告初步分析了汇 率波动对捐助方本国货币捐款折合成美元的数额可能产生的影响(见 A/65/79-E/2010/76)。 daccess-ods.un.org | Since the United States dollar is the general unit of account and for reporting in the United Nations system, the 2009 report [...] included a preliminary analysis of [...] the impact that fluctuations in exchange rates can have on the United [...]States dollar equivalent [...]of contributions made by donors in their own national currency (see A/65/79-E/2010/76). daccess-ods.un.org |
此外，委员会还审议并批准 了(i) 修订的 2008-2009 双年度预算估算；(ii) [...] 基金的第三部《管理章程》（2008--2011）； (iii) “办事处全面审查”报告，以检查基金的整体人员状况和组织结构；并要求进一步研 [...] 究：(i) 养恤金综合管理系统（IPAS）；(ii) 汇率波动对联 合国合办工作人员养恤基金养老金 的影响。 unesdoc.unesco.org | In addition, the Board also considered and approved: (i) the revised budget estimates for the 2008-2009 biennium; (ii) the Fund’s third Management Charter (2008-2011); (iii) a report on the “whole office review” that was carried out to examine the overall staffing and organizational structure of the Fund; and asked further studies on; (i) on [...] the Integrated Pension Administration System (IPAS); (ii) [...] the impact of currency fluctuation on UNJSPF pension [...]benefits. unesdoc.unesco.org |
讨论会提出的建议如下：提倡深化全球治理改革；使发展继续以减贫为重 [...] [...] 点；鼓励布雷顿森林机构进行改革；落实更多资金，以便为发展供资；主动预见 今后潜在的挑战，如气候变化等；制定收入重新分配政策，据以降低市 场 波动引 起的代价；利用区域银行提供的准备金和贷款稳定 汇 率 制 度 ；促进向绿色、公正 和公平经济的过渡；鼓励社会公平，以便更好地保护环境；制定旨在创造更多就 [...] 业机会的政策；制定国内立法，鼓励使用不对粮食安全构成威胁的可再生能源； [...] 逐步维持对可再生能源的使用提供补贴的稳定性；在全球一级更好地协调宏观经 济政策。 daccess-ods.un.org | The recommendations of the Symposium were to press for more reforms in global governance; maintain the focus of development on poverty reduction; encourage reforms at the Bretton Woods institutions; secure greater capital in order to fund development; be proactive in anticipating potential future challenges such as climate change; set up income [...] redistribution policies as [...] a way of reducing the costs of volatility in markets; stabilize exchange rate regimes through the use of reserve [...]funds and loans from [...]regional banks; foster the transition towards a green, fair and equitable economy; encourage social equity for a better preservation of the environment; set up policies to increase the creation of employment opportunities; put in place national legislation to encourage the use of renewable energies posing no threat to food security; maintain over time the stability of subsidies for renewable energy use; and better coordinate macroeconomic policies at the global level. daccess-ods.un.org |
从总体上看， 正常计划在贷币份额摊派机制的保护下令人满意地规避了汇率动荡的风险，而预算外资金则 因汇率波动遭受 了一定损失，这些损失按以往的做法用利息收入加以冲抵。 unesdoc.unesco.org | Overall, the regular programme was satisfactorily protected by the split-level assessment system. Extrabudgetary funds experienced losses on exchange, which were offset against interest income in accordance with past practices. unesdoc.unesco.org |
这些变动包括外勤事务员额叙级、国际工作人 员的空缺率低于预定比例、在编制 2011/12 [...] 预算后对本国工作人员员额进行叙级 和修订本国工作人员薪金表以及汇 率波动 (见 A/66/777，第 2 段)。 daccess-ods.un.org | These changes include the classification of Field Service posts, the higher-than-budgeted post adjustment multiplier and lower-than planned vacancy rate for international staff, the classification of national staff posts combined with the revisions of national staff [...] salary scales after the preparation of the 2011/12 budget, [...] as well as exchange rate fluctuations (see A/66/777, para. 2). daccess-ods.un.org |
导致费用增加的原因为，汇率波动使 所 需费用增加毛 额 11 209 400 美元(净额 10 584 [...] 000 美元)以及员额 占用和其他变动项下所需费用增加毛额 2 207 700 美 元(净额减少 6 077 200 美元),但被通货膨胀导致增 [...]加的额外费用毛额 761 700 美元(净额 882 900 美元) 部分抵消。 daccess-ods.un.org | The increase in requirements was the result of an increase [...] due to exchange rate fluctuations ($11,209,400 gross [...]($10,584,000 net)) and an increase [...]in post incumbency and other changes ($2,207,700 gross (decrease of $6,077,200 net)), partially offset by a decrease resulting from the effect of inflation ($761,700 gross ($882,900 net)). daccess-ods.un.org |
英汉双解词典包含2273206条英汉词条，基本涵盖了全部常用单词的翻译及用法，是英语学习的有利工具。