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In the Term Structure of Volatility,the Forward Volatility Is the Expected

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In the term structure of volatility,the forward volatility is the expected future volatility.


Definitions:

Pleasure

A feeling of happiness, satisfaction, or enjoyment derived from an experience.

Defense Mechanisms

Tactics the ego uses to reduce anxiety by unconsciously distorting reality.

Ego Uses

Refers to the ways in which the ego, as conceptualized in psychoanalytic theory, attempts to mediate between the demands of the id, superego, and reality.

Anxiety

A feeling of worry, nervousness, or unease, typically about an imminent event or something with an uncertain outcome.

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