例句與造句

1. He is also among those known for the Hansen-Jagannathan bounds which provide a way to use security market data to restrict the volatility of the stochastic discount factor.
2. The fact that this often fails in practice due to the Sharpe ratio of risky assets exceeding the ratio of the volatility of the stochastic discount factor to its expectation is known as the equity premium puzzle.
3. Also there are many applications of probability that rely on integral transforms, such as " pricing kernel " or stochastic discount factor, or the smoothing of data recovered from robust statistics, see kernel ( statistics ).
4. The name " stochastic discount factor " reflects the fact that the price of an asset can be computed by " discounting " the future cash flow \ tilde { x } _ i by the stochastic factor \ tilde { m } and then taking the expectation.
5. With several coauthors such as Kenneth J . Singleton, Scott F . Richard, and Robert Hodrick, Hansen applied GMM to study models of asset valuation, identifying and clarifying empirical puzzles where real-world financial and economic data were at odds with prevailing academic models . Together with Ravi Jagannathan he showed that the ratio of any stochastic discount factor's standard deviation to its mean is at least as great as any asset's Sharpe ratio; this result is known as the Hansen Jagannathan bound.
6. It's difficult to find stochastic discount factor in a sentence. 用stochastic discount factor造句挺難的