Examlex
RiskMetrics weights more recent observations more highly than past observations, which allows more recent news to be more heavily reflected in the calculation of the standard deviation.
Real World
A term referring to actual existence or happening in life, outside of theoretical constructs or simulated environments.
Mortgage-Backed Securities
Financial instruments secured by a pool of mortgage loans, allowing investors to earn interest from payments on these mortgages.
Economic Models
Simplified representations of complex economic processes, used to predict future economic events or understand economic dynamics through mathematical or computational simulations.
Mortgage-Backed Security
A type of asset-backed security that is secured by a mortgage or collection of mortgages.
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