FRM公式：关于FRM一级公式有什么？

FRM公式在FRM考试中是非常重要的，考生不仅要能记住，还需要会灵活运用。在实际的考试中，考场上不会提供任何相关的公式的。下文是小编列举的FRM一级公式，希望对你有所帮助！

Normal Distribution：

The normal distribution is completely described by its mean and variance.

90% of observations fall within ± 1.65s.

95% of observations fall within ± 1.96s.

99% of observations fall within ± 2.58s.

Standard Error of the Regression (SER)：

Measures the degree of variability of the actual Kvalues relative to the estimated Kvalues from a

regression equation. The SER gauges the “fit” of the regression line. The smaller the standard error, the better the fit.

Futures Market Participants：

Hedgers: lock-in a fixed price in advance.Speculators: accept the price risk that hedgers are unwilling to bear.Arbitrageurs: interested in market inefficiencies to obtain riskless profit.

Option-Adjusted Spread (OAS)：

Spread after the “optionality” of the cash flows is taken into account.

Expresses the difference between price and theoretical value.

When comparing two MBSs of similar credit quality, buy the bond with the higher OAS.

FRM考试的内容就分享这么多，考生如果对FRM考试还有更多的疑问，可以文章评论一起学习探讨！另外，有2022年全年备考日历，想要的私信或者评论哦！