
SYLLABUS Previous: 1.4 Modern portfolio theory
Up: 1 INTRODUCTION
Next: 1.5.1 Drift and volatility
Having loosely introduced the volatility s
as a measure of the investment risk, it is
time now to develop an intuition for this important quantity and show
how the drift and the volatility of a spot price may be calculated as
averages from historical data from the markets.

Copyright © Lifelonglearners at 08:08:37, February 18th, 2018 