So first, I choose a volatility randomly, from some distribution of possible volatilities 2 from to, in this case, 0.2.
来决定的一个值,所以首先我先随机选择一个浮动值,从可能的浮动值中的分布进行选择,在这个例子中就是0。
If I wanted every stock to have the same volatility, I could just do that, if you will, at the time I wrote my program.
如果我希望每只股票的浮动值都相同,在我编写程序的时候,如果你愿意的话,我会这么做。
Systematically, investors are buying after things have gone up, selling after they've gone down, and the problem is most severe in those funds that show the greatest volatility.
投资者都一窝蜂似的,上涨之后才买进,下跌之后才卖出,对于波动最大的那些基金,问题更严重
There's a lot of volatility in exchange rates.
汇率的波动毫无定数可言。
uniform So here, I'm going to look at the thing random dot uniform, for example, between minus volatility and plus volatility.
所以在这里,我会看到random。,比方说,在-浮动性值+浮动值之间。
And then I could also do a Gaussian one here, with the mean of and the standard deviation of volatility divided by 2.
然后我在这里再写一个高斯分布的函数,它的浮动值的平均值和,标准偏差值都除了2。
With a different volatility for the stocks because that was also selected randomly, plus some market bias.
或者均匀分布的一个随机值,因为数值选择上的随机性,再加上市场偏好。
minus volatility to plus volatility it will return any value in here.
浮动值到+浮动值之间等概率地,去返回一个值。
But notice the previous line, where I am computing volatility.
但是请注意前面这个语句,我用这个语句计算了浮动值。
And then I'll create this function, d1 this distribution d 1, which will, whenever I call it, give me a random, a uniformly selected value between minus and plus volatility.
然后我会创建这个函数,这个概率分布,每次我调用这个函数的时候,他会给我返回一个随机的,按照均匀分布,从正负浮动值之间选择的值。
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