In the financial markets, the definition of volatility is assumed to be standard deviation. However, in practice, people seem to either forget the definition or completely substitute it with the mean absolute deviation.
“Correlation” has to be one of the most commonly used terms in the business and finance world. It facilitates the communication of ideas and gives the speaker just enough to sound sophisticated but
When equity brokers pitch their share repurchase capabilities to corporations, they never fail to mention their ability to outperform VWAP. When asked how they outperform so consistently, the answers tend to be non-answers: