Measures for ELASSETMEASURE
The keys in the next table presents the possible types of risk figures that can be drawn from the ELASSETMEASURE function. If the parameter normalized is set to True, when a position is a fund, then the yields are aggregated with the weights of the fund’s asset class that are renormalized. For instance a fund holds 50% bonds and 50% equities. To compute the current-yield (2%) of the bond part, if normalized is True, then the function retrieves 2%. If normalized is False then the yield is 2% * 50% which is 1 %.
Note: the letter case has no influence on the functions.
Key | Description |
---|---|
autocall-on-next-observation | provides the probability of the next autocall |
current-yield | represents the return on a bond if one purchases it and holds it for a year |
expected-time-to-maturity | the expected time to maturity |
no-autocall | returns the probability of no-autocall |
ytc | yield-to-call is the total return on an instrument if it is held until the call date (before maturity) |
ytp | yield-to-put is the total return on an instrument if it is held until the put date (before maturity) |
ytm | yield-to-maturity is the total return on a bond if it is held until maturity |
barrier-hit | returns the probability of hitting the barrier with an instrument |
fund-total-yield-with-current-yield | The total current yields of funds |
fund-total-yield-with-yield-to-worst | The total yield to worst of funds |
current-yield | The current yield of the position |
yield-to-worst | The current yield of the position |
dividend-yield | The current yield of the position |
earnings-yield | The current yield of the position |