Marginal VaR: A Quick Look

In this video from FRM Part 2, we explore this concept of Marginal VaR – a portfolio risk tool that helps us perform linear approximations for changes in VaR and realize risk-return tradeoffs.
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Lognormal Distribution for Stock Price (Moments)

In this short video from FRM Part 1 curriculum, we reason out (at an intuitive rather than a rigorous mathematical level) the moments of the distribution of (natural) log of stock price.
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Callable Bonds: A Quick Summary

In this short video from FRM Part 1 curriculum, we summarize key aspects about callable bonds that we need to keep in mind.
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Quantile-Quantile (QQ) Plots: A Detailed Look

In this short video, we take a detailed look at Quantile-Quantile (QQ) Plots – how to interpret them, and use them to identify the correct distribution and/or outliers in the dataset.
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Valuing a Floating Rate Note (FRN)

In this short video from FRM Part 1 curriculum, we derive the value of a Floating Rate Note (FRN) – both on a coupon / reset date as between coupon dates.
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Arbitrage Free Vs Equilibrium Term Structure Models

In this short video from FRM Part 2 curriculum, we differentiate between two categories of Term Structure Models – ‘Arbitrage Free’ models and ‘Equilibrium Models’.
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Realized Volatility vs Implied Volatility

In this short video from FRM Part 1 and FRM Part 2 curriculum, we differentiate between two kind of volatility measures – realized volatility and implied volatility.
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Wold’s Representation Theorem

In this short video from FRM Part 1 curriculum, we try and understand the Wold’s Representation Theorem for representing a zero mean covariance stationary series.
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