Advertising

Stochastic

• Is a condition in finance or economics whereby changes occur on a more abrupt basis than those expected to be normally encountered. In some ways stochastic has infinite variance and/or non-converging means implications.

 
 Embedded terms in definition
 Basis
Finance
Variance
 
 Referenced Terms
 Deterministic models: Liability-matching models that assume that the liability payments and the asset cash flows are known with certainty. Related: Compare Stochastic models

 Wiener process: Is a type of Markov Stochastic process. It refers to changes in value over small time periods. Sometimes, this process is also called Brownian motion.

 
 Related Terms
 Stochastic models

<< Sterilized intervention Stochastic models >>

Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

Always aim for achievement, and forget about success. - Helen Hayes

Advertising



Copyright 2009-2018 GVC. All rights reserved.