Risk-adjusted Rate of Return is a performance measure that adjusts for the initial risk an investor takes at the time of a purchase.Every investor works with risk, but if they can quantify it, they should be able to make more informed decisions about which risks are worth taking. Calculating risk-adjusted...
Current ratio is a measure of liquidity, which compares a company’s current assets with its current liabilities.Current ratio is a favored test among banks and lenders because it reveals whether a company is generating enough cash to pay its short-term creditors. What to DoThe ratio divides current assets by...
The news cycle is dead. Long live "The Opinion Cycle." So says Lee Ann Schreiber, ombudsman for ESPN. In a terrific piece on ESPN.com, Schreiber dissects various sports "controversies" and concludes that a) very little actual reporting was done but b) tons of opinions were spewed. ...
Economic value added EVA expresses a company’s true profit, once taxes and the cost of supporting capital have been taken into account. It helps to identify whether a business or project is earning more or less than the capital originally invested in it.If it’s earning more, it’s adding value—which is...
"Don't put off until tomorrow what you can do today." We've all confronted this old adage in our everyday lives, sometimes under painful circumstances. This paper explains how to reduce stress with the SPARKLE formula i.e S: Sleep well; P - Plan every day; A - Anticipate less; R ...
This paper derives an approximated no-arbitrage market valuation formula for Constant Maturity Credit Default Swaps CMCDS. It moves from the CDS options market model in Brigo (2004), and derives a formula for CMCDS that is the analogous of the formula for constant maturity swaps in the default free swap market...
This paper looks at how actual federal order Class prices compare with the prices that would have been generated using the current federal order product price formulas applicable to the Upper Midwest order. Two-week and monthly average prices for butter, cheese, dry whey and nonfat dry milk were derived using...
The article points out that from a branding and cultural perspective, the journey from sports to lifestyle brand is an interesting phenomenon executed by the high-tech media world and made possible by a secret formula that seems to be one part strategy, one part grassroots evolution and one part of...
This white paper presents a new abstraction-based framework for deciding satisfiability of quantifier free Presburger arithmetic formulas. The efficiency of this approach derives from the ability of SAT solvers to extract small unsatisfiable cores, leading to small abstracted formulas. The paper also presents experimental results which suggest that the algorithm...
The Conditional Tail Expectation CTE, also called Expected Shortfall or Tail-VaR, is a robust, convenient and coherent measure for quantifying financial risk exposure. This paper looks at some statistical properties of the methods that are commonly used to estimate the CTE and develop a simple formula for the variance of...
This article develops the fundamental aspects of the theory of martingale pricing of derivative securities in a setting where the cumulative gains processes are Ito processes, while the cumulative dividend processes of both the underliers and the derivative securities are general enough to cover all cases encountered in practical applications....
The article focuses on positive leadership for project management, where project leader plays an important role. So what can a project manager do to succeed in such an environment? There is certainly no single answer or magic formula. Or is there? Formula is defined as (at least this is...
It’s time for product development to enter the information age. The process of product development could itself stand a bit of development. Studies indicate that nearly two out of three new products fail after launch. Compounding that, companies in many sectors are under continual pressure to speed up the...
The greatest obstacle to success – increasing productivity and profitability, generating and implementing creative solutions, training and retaining the best employees, boosting sales, and delivering quality products and extraordinary service -- is the false belief that the keys to success are knowledge- and skill-based, and can be reduced to a...
Retailing companies know the value of inventory turnover and the powerful implications it can have on cash-flow and financial performance. The one simple, tried and true formula for success in retailing can have a dramatic impact if applied in any business- buy it, sell it - and then pay for...
Article codes a note on DTe decision 00-059, in which DTe sets down the basis for capping the revenues that the distribution business of NuonNet i.e. NuonNet is allowed to earn in the years 2001-2003. Having reviewed the relevant material, it conclude that the methods used by DTe to set...
This article examines the method for forecasting the future demand for both seasonal and non-seasonal products. Products with different patterns of usage, and different replenishment methods require different forecasting formulas. We need more than one formula for non-seasonal products, and one formula for seasonal products. It's very important that each...
This template contains training content about working with basic formulas in Microsoft Office Excel 2007. This content is geared for a corporate trainer to present to a group.
Microsoft Excel 2002 provides more tools to help you build formulas that use functions faster and more easily than ever before. Now, when you start typing a formula that includes a function, Excel provides on the spot help by displaying a screen tip that shows the arguments necessary for the...
Cell references can make formulas harder to read, especially when your worksheet has lots of complex formulas. Fortunately Microsoft Excel 2000 provides an easier way to refer to cells whenever a worksheet has labels for the rows and columns: you can use the labels to refer to the cells. This...