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Running Total

This is known as compounding. Compounding is an essential concept in finance that involves the accumulation of daily values. The process includes adding the value of each day to the previous day's total, or subtracting it if the value is negative. This continuous cycle results in a compounding effect, where the overall value increases over time. Understanding this concept is crucial for making informed financial decisions and maximizing returns. So, let's delve deeper into the concept of compounding and its implications in the world of finance.

Trendless

Market volatility refers to the fluctuation in prices that prevents a clear trend from being established. It is a measure of the unpredictability and risk present in the mar...

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Issuing (or opening) bank

A crucial aspect of international trade involves the buyer's bank, which is responsible for establishing a documentary credit upon the buyer's request. This credit is in fav...

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Mean Deviation

One important concept in finance is the absolute deviation, which measures the average distance between a set of numbers and their mean. This is useful for understanding the...

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Forward margin

When it comes to forward rates and spot rates, it's important to understand the concept of premium and discount. These terms refer to the difference between the forward rate...

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