Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does modified convexity mean?

SEARCHING
Suggestion/Report Error
modified convexity
(CMOD; Cmod)
Noun

The rate of change of modified duration (Dmod) with respect to yield at the given starting yield, it measuring the curvature of the price function of an option-free instrument or a portfolio as yields change more than 100 bps, which modified duration cannot accurately measure.

top
© 2015-2020 Pecunica LLC.  All rights reserved.
;