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Quantitative Finance : Recent Questions and Answers (Page 7)

Find answers to your questions about Quantitative Finance or help others by answering their Quantitative Finance questions.

Euler Discretization to use with Monte Carlo simulation and Local Volatility Model

Like in the title, I am working on running Monte Carlo simulations to price options with the Local Volatility model as a project. I just want to make sure that...

Asked on 11/05/2021

1 answer

Spread sensitivity of TRS

I am about to understand the valuation of a TRS. The approach I am applying derives risk neutral survival / default probabilities from the ratio between risk free and spread...

Asked on 10/27/2021 by CodeMonkeyAtWork

0 answer

Which financial time series have a PDF and/or CDF?

Consider the following types of financial time series for a single publicly-listed stock:Price dataLog returnsCumulative returnsEach is computed from the item listed before it: log returns are based on differences...

Asked on 10/27/2021

1 answer

Vasicek model - Bond price and volatility

Why does the bond price under the Vasicek model increase as the rate volatility increases? What is the intuition behind this?...

Asked on 10/27/2021 by actuarialboi9

1 answer

How is the implied risk neutral density affected when changing numeraire?

For example i would like to pricebegin{equation*}E^{Q} left[ e^{-int_{0}^{T}r_{s}^{cur}ds} f left( S_{T_f}^{cur_1} right) | mathcal{F}_{0} right] = B_{cur}(0,T)E^{Q^{cur}_{T}}[ f(S_{T_f}^{cur_1})|mathcal{F}_{0}]end{equation*} I have at my disposition the...

Asked on 10/27/2021 by Kupoc allahoui

0 answer

Good Quant-Finance Interview Questions

I know there's the book by the late Mark Joshi and there is a lot of content on the internet. I thought it could be beneficial to additionally start a...

Asked on 10/27/2021

4 answer

Choosing which interest rate model to go with?

I've been assigned with the task of modelling zero rate curve. I did it with two models: Vasicek and CIR. Looking at the two curves produced, I can see that...

Asked on 10/27/2021 by Sizirr01

1 answer

Market Making Formulation

I'm developing a deep reinforcement learning based approach to market-making. In order to implement this, I need to define the appropriate actions and define environmental steps. While doing some literature...

Asked on 10/27/2021 by BGa

0 answer

(Self-study) Futures, bonds, and arbitrage

I'm currently self studying futures, so I'm sorry if this questions comes off a bit stupid. I'm currently reading a book by Walsh, J.B. Knowing the Odds: An Introduction to...

Asked on 10/27/2021 by Idrees

1 answer

Which measure is used to price a swap?

When we value the floating leg of a standard vanilla swap, we replace the expectation of the future floating rates by the forward rates known today. However my understanding is...

Asked on 10/27/2021

3 answer

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