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關注:1
2013-05-23 12:21
求翻譯:KMV模型的優點在于其將違約與公司特征而不是公司的初始信用等級聯系在一起,使其對債務人質量的變化更加敏感;同時,它通過股票價格來測算上市公司的預期違約概率,因而市場信息也能被反映在模型當中,使其具有一定的前瞻性,模型的預測能力較強;并且,由于該模型使用的變量都是市場驅動的,表現出更大的時變性,因此持有期的選擇比信用度量術模型更加靈活。是什么意思?![]() ![]() KMV模型的優點在于其將違約與公司特征而不是公司的初始信用等級聯系在一起,使其對債務人質量的變化更加敏感;同時,它通過股票價格來測算上市公司的預期違約概率,因而市場信息也能被反映在模型當中,使其具有一定的前瞻性,模型的預測能力較強;并且,由于該模型使用的變量都是市場驅動的,表現出更大的時變性,因此持有期的選擇比信用度量術模型更加靈活。
問題補充: |
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2013-05-23 12:21:38
KMV model has the advantage lies in its breach of contract and firm characteristics rather than the company's initial credit rating linked, making it more sensitive to changes in the quality of the debtor; the same time, through the stock prices of listed companies is expected to measure the probabi
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2013-05-23 12:23:18
KMV the benefits of the model is that it will default to a company's identity, rather than the initial credit rating tied together so that it changes the quality of the debtor more sensitive; at the same time, it adopted to calculate stock price listed companies expected default probability of marke
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2013-05-23 12:24:58
But the KMV model merit will lie in it to break a contract and the company characteristic will not be company's initial credit rank relates in, will make together it to be more sensitive to the debtor quality change; At the same time, it surveys to be listed through the stock price the anticipated v
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2013-05-23 12:26:38
KMV model of advantages is its will default and company features and not company of initial credit grade contact in together, makes its on debtor quality of changes more sensitive; while, it by stock price to calculation listed company of expected default probability, and market information also can
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2013-05-23 12:28:18
正在翻譯,請等待...
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