鍙蹭笂鏈�鍏ㄧ殑
CFA
澶嶄範绗旇锛岀埍涓嶉噴鎵?/p>
T-bill rates
鏄?/p>
nominal risk-free rates
nominal risk-free rate= real risk-free rate + expected inflation rate
椋庨櫓绉嶇被锛?/p>
default risk
杩濈害椋庨櫓
liquidity risk
娴佸姩鎬ч闄?/p>
maturity risk
涔呮湡椋庨櫓锛堝埄鐜囬闄╋級
EAR=e^t-1
璐寸幇鐜?/p>
=opportunity cost
锛?/p>
required rate of return
锛?/p>
cost of capital
ordinary annuity
鍦ㄦ湡鏈骇鐢熺幇閲戞祦
annuity due
鍦ㄦ湡鍒濅骇鐢熺幇閲戞祦
姘哥画骞撮噾
perpetuity PV=PMT/(I/Y)
瀵逛簬鍚屼竴涓」鐩?/p>
IRR
鍜?/p>
NPV
缁撹鐩稿悓锛?/p>
IRR
澶т簬蹇呰鏀剁泭鐜囧垯
NPV
涓烘锛屽惁鍒?/p>
NPV
涓鸿礋
濡傛灉鍏徃鐩爣鏄潈鐩婃墍鏈変汉璐㈠瘜鏈�澶у寲锛岄偅涔堝缁堥�夋嫨
NPV
锛堥�氬父閮芥槸杩欐牱锛?/p>
HPR(
鎸佹湁鏈熷洖鎶ワ級
=
锛堟湡鏈�?/p>
-
鏈熷垵鍊硷級
/
鏈熸湯鍊?/p>
鎴栬�?/p>
锛堟湡鏈�?/p>
-
鏈熷垵鍊?/p>
+
鐜伴噾锛?/p>
/
鏈熸湯鍊?/p>
Time-weighted rate of return
鏃堕棿鐨勫姞鏉冨钩鍧囧�硷紝
锛?/p>
1+H
PR1)(1+HPR2)鈥?/p>
鍗冲嚑浣曞钩鍧囨暟
濡傛灉缁勫悎澶勪簬楂樹笂娑ㄦ湡锛屾椂闂村姞鏉冨钩鍧囦細姣旈噾閽卞姞鏉冨钩鍧囧皬锛屽弽涔嬪垯澶с�傚洜姝ゆ洿鍑嗙‘銆傚鏋滅粍鍚堝垰缁忓巻浜?/p>
鐜伴噾娴佸叆鎴栨祦鍑猴紝鍒欓噾閽卞姞鏉冨钩鍧囨洿鍚堢悊銆?/p>
T-bills
鍜岀編鍥芥斂搴滃�轰笉鍚岋紝瀹冧互
BDY
璁＄畻
rBD=D/F*360/t
鍗筹細浠ラ潰鍊间负鍩哄噯浠锋牸锛屼互
360
澶╀负鍩哄噯鏈熼檺锛屾寜閾惰璐寸幇鐜囪绠楋紙鍗充笉鍚鍒╋級鐨勪竴骞?/p>
鍒╃巼
rBD
涓嶄唬琛ㄦ姇璧勮�呮敹鐩婏紙鐪嬩笂闈㈠叕寮忥級
HPY=(P1-P0+D1)/P0
浠ｈ〃鎶曡祫鑰呭湪鎶曡祫鏈熼棿鑾峰緱鐨勬墍鏈夊洖鎶?/p>
EAY=
锛?/p>
1+HPY)^(365/t)-1
浠ｈ〃鎸夊鍒╄绠楃殑骞村寲鏀剁泭鐜囷紝鏈熼檺涓?/p>
365
澶?/p>
money market yield
锛?/p>
CD equivalent yield
锛?/p>
360
澶╂姌绠楃殑
HPY
Rmm=HPY*360/t
涓婅堪鍏紡涓彟
F=P1
鍙互鐩镐簰杞崲
Bond equivalent yield=
涓�骞村鍒?/p>
2
娆?/p>
descriptive statistics
鍜?/p>
inferential statistics
涔嬮棿鐨勫尯鍒細鍓嶈�呮槸鐩存帴鏁版嵁璁＄畻寰楀埌锛屽悗鑰呮槸鎺ㄦ柇
nominal scale
鍚嶄箟灏哄害锛氭妸鏌愪釜鏁扮洿鎺ュ綊绫诲埌鏌愮被锛屾棤椤哄簭锛?/p>
1
鍒扮被鍒?/p>
1,3
鍒扮被鍒?/p>
2
ordinal scales
鏈夐『搴忓綊绫?/p>
1~50
绫诲埆
1
锛?/p>
50~150
绫诲埆
2
interval scale
鍦?/p>
ordinal scale
鍩虹涓婁娇寰楅棿闅旂浉鍚?/p>
ratio scales
鏈�涓ユ牸鐨勭殑鎺掑簭锛屾湁
0
鐐?/p>
frequency distribution
锛氬垎甯冮鐜囷紙涓嶆槸姒傜巼鍒嗗竷锛夎〃鏍煎寲灞曠ず鍚勫尯闂村垎甯?/p>
涓婅堪琛ㄦ牸涓寘鍚瀵熷�兼渶澶氱殑鍖洪棿鍙仛
modal interval
relative frequency
锛屽皢涓婅堪琛ㄦ牸涓瀵熷�肩殑鏁伴噺鐢ㄧ浉瀵规瘮渚嬭〃绀?/p>
cumulative frequency
灏嗕笂杩版瘮渚嬫垨鑰呯粷瀵瑰�肩疮璁?/p>
frequency polygon
锛堟姌绾垮浘锛夊彇姣忎釜鍖洪棿鐨勪腑鐐?/p>
瑙傚療鍊间笌鍧囧�间箣闂寸殑绂绘暎
deviation
绋嬪害鐨勫拰涓?/p>
0
unimodal:
鍗曞嘲锛屼紬鏁板彧鏈変竴涓紝
bimodal
浼楁暟鏈?/p>
2
涓紝
trimodal
harmonic mean
璋冨拰骞冲潎鏁板彲浠ョ敤浜庤喘鍏ヨ偂绁ㄥ钩鍧囧�肩殑璁＄畻
锛堟瘡闅斾竴娈垫椂闂磋喘鍏ョ浉鍚屼环鍊艰偂绁紝
濡傦細
1000
锛?/p>
姣忔湡鍥烘暟
1000/P
锛屽垯鎬诲叡
1000/P1+1000/P2+鈥?/p>
鑲★紝骞冲潎浠锋牸灏辨槸璋冨拰锛?/p>
涓�鑸?/p>
harmonic
銆?/p>
geometirc
銆?/p>
arithmetic
quantile
鍒嗕綅鏁板皬浜庢垨绛変簬鏌愭暟閲忕殑鍊?/p>
Ly=
锛?/p>
n+1
锛?/p>
y/100
锛?/p>
锛?/p>
10+1
锛?/p>
*75%/100%
涓績瓒嬪娍鎻忚堪鍥炴姤锛岀鏁ｇ▼搴︽弿杩伴闄?/p>
MAD
骞冲潎缁濆鍋忓樊銆傜畻鍋忓樊缁濆鍊肩殑骞冲潎鍊?/p>