John Hull

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If each of your time steps is one week long, you are not modeling the stock price terribly well over a one-week time period, because you are saying that there are only two possible outcomes.

John Hull

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Our starting point then was trying to find a way to incorporate mean reversion into the HoLee model.

My father was unemployed and I was the eldest of seven children. We were very poor. And when you ask how did we support ourselves, the only funding that we had was unemployment payments.

May 3, 2024

My father was unemployed and I was the eldest of seven children. We were very poor. And when you ask how did we support ourselves, the only funding that we had was unemployment payments.

May 3, 2024

If each of your time steps is one week long, you are not modeling the stock price terribly well over a one-week time period, because you are saying that there are only two possible outcomes.

John Hull

Other Quote

Our starting point then was trying to find a way to incorporate mean reversion into the HoLee model.

My father was unemployed and I was the eldest of seven children. We were very poor. And when you ask how did we support ourselves, the only funding that we had was unemployment payments.

My father was unemployed and I was the eldest of seven children. We were very poor. And when you ask how did we support ourselves, the only funding that we had was unemployment payments.

Our starting point then was trying to find a way to incorporate mean reversion into the HoLee model.

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If each of your time steps is one week long, you are not modeling the stock price terribly well over a one-week time period, because you are saying that there are only two possible outcomes.

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