slope of the line illustrated in
the previous example
Slope = (E(RA) – Rf) / (A – 0)
Reward-to-risk ratio for previous example = (20 – 8) / (1.6 – 0) = 7.5
What if an asset has a reward-to-risk ratio of 8 (implying that the asset plots above the line)?
What if an asset has a reward-to-risk ratio of 7 (implying that the asset plots below the line)
II. The Definition of VaR
Value at Risk (VaR)
Maximum loss not exceeded with a given
probability defined as the confidence level,
over a given period of time.
III. Interpretation of VaR
The Question Being Asked in VaR
“What loss level is such that we are X %
confident it will not be exceeded
in N business days?”
Confidence Level
Probability that Por
Ⅰ. 개요
자료의 수집, 분석, 처리 과정이 아주 큰 의미가 있다. 학습자들은 그들의 생활의 중요한 의미가 있는 실제 상황에서 학교에서 배운 수학적 기능이나 기술을 적용하게 된다. 통계 활동 프로그램의 적용은 가감승제는 물론 비교하고 측정하고, 표를 만들고, 그래프를 그리고, 이 주어진 자료를
2.3. Strategies Against Competitors
2.3.1 Cheap Price
The distribution system between Korea and America is very different. The price with same goods in America is cheaper than in Korea. Especially season sail has the cost cut about 60~70% WizWid buys mass quantity of goods and prepares for shortage of products. It can cut their selling price very much.
2.3.2. Brand Loyalty: First-mover Advan
1.2 Segmentation
With the development of the internet and constant advances it has been able to make we, today, have a society where almost all people enjoy the creative innovation In order to jump into this new industry of e-commerce, WizWid carried out an extensive research on the usage of internet by different age groups.
WizWid found out that people were using the internet regardless of th