- published: 17 Jan 2014
- views: 34738
Duration may refer to:
In finance, the duration of a financial asset that consists of fixed cash flows, for example a bond, is the weighted average of the times until those fixed cash flows are received. When an asset is considered as a function of yield, duration also measures the price sensitivity to yield, the rate of change of price with respect to yield or the percentage change in price for a parallel shift in yields.
The dual use of the word "duration", as both the weighted average time until repayment and as the percentage change in price, often causes confusion. Strictly speaking, Macaulay duration is the name given to the weighted average time until cash flows are received, and is measured in years. Modified duration is the name given to the price sensitivity and is the percentage change in price for a unit change in yield.
Both measures are termed "duration" and have the same (or close to the same) numerical value, but it is important to keep in mind the conceptual distinctions between them. Macaulay duration is a time measure with units in years, and really makes sense only for an instrument with fixed cash flows. For a standard bond the Macaulay duration will be between 0 and the maturity of the bond. It is equal to the maturity if and only if the bond is a zero-coupon bond.
Duration tells investors the length of time, in years, that it will take a bond's cash flows to repay the investor the price he or she paid for the bond. A bond's duration also tells investors how much a bond's price might change when interest rates change i.e. how much risk they face from interest rate changes.
This video discusses the concept of Macaulay Duration. The video uses a comprehensive example to demonstrate how Macaulay Duration is calculated, and it explains how Macaulay Duration is used to compare the interest rate risk of different bonds. Education Unlocked is your source for business and financial education. To view the entire video library for free, visit http://www.EducationUnlocked.org/ To like us on Facebook, visit https://www.facebook.com/EducationUnlocked123 Education Unlocked is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com/
Using a simple zero-coupon bond, I illustrate bond duration. We have a few variations, including weighted average time to cash flow, but the best way to view duration is as a SENSITIVITY: the % change in bond price given a % change in yield (YTM).
Bond investors worry about how far and fast interest rates might rise and what impact this could have on the price and yield of the bonds that they hold. In this short video Tim introduces duration, a term that can help to reveal the answer.
An introduction to Duration and examples of calculating duration. The Template for this video can be downloaded at http://www.tinyurl.com/brackerduration
This video illustrates how duration can be used to approximate the change in bond price given a change in interest rates. It also introduces and discusses convexity. Next there is a discussion of using duration as part of an immunization strategy to where price risk and reinvestment rate risk offset each other. Finally, calculating duration for portfolios is discussed. The template can be found at http://tinyurl.com/BrackerDuration2
This video discusses the concept of modified duration with respect to fixed-income securities. It utilizes a comprehensive example to explain how modified duration is calculated and how it can be used to calculate the percentage by which a bond's price changes when there is a change in the yield. Education Unlocked is your source for business and financial education. To view the entire video library for free, visit http://www.EducationUnlocked.org/ To like us on Facebook, visit https://www.facebook.com/EducationUnlocked123 Education Unlocked is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.Mi...
Before we delve deeper into the mysteries of duration and convexity, now is a good opportunity to actually calculate duration, at least in its form as an average weighted cashflow period, known as Macaulay's Duration. We do this both the long way, from first principles, and by using Excel's built-in 'DURATION' command. Previous lecture: http://www.youtube.com/watch?v=kGiluWlcaqI Next lecture: https://www.youtube.com/watch?v=njoh4kjb-bU For financial education from London to Singapore and beyond, please contact MithrilMoney via the following website: http://mithrilmoney.com/ This MithrilMoney lecture was delivered by Andy Duncan, CQF. Please read our disclaimer: http://mithrilmoney.com/disclaimer/
Duration is a timeline editor for creative coding. Download here: Application: www.duration.cc Code: github.com/YCAMInterlab/Duration Created by James George, co-developed by YCAM InterLab (interlab.ycam.jp/en) during the Guest Research Project v2 (interlab.ycam.jp/en/projects/guestresearch/vol2) Released under the Apache License, Version 2.0
www.loispatino.com
www.loispatino.com
A journey into the competitive world of free flight duration aeronautics. www.floatdocumentary.com © 2011-2017 Float Pictures. All Rights Reserved. Producer/Assistant Director: Ben Saks Director/Editor/Cinematographer: Phil Kibbe Additional Photography: Dalibor Tonkovic, Ben Saks, John Meese Music Credits: Song: "People" by Animal Collective Filmed with: Canon 5D, Canon 7D Zeiss lenses Canon lenses Lensbaby system Enjoy!
A project created using Arduino technology, the piece explores our conscious awareness of time. Using a record player hooked up to an Arduino board, the rotation speed corresponds to the surreal animation playback speed.
www.loispatino.com
2009 Stop-motion - part of the series "Imagination can move us trough time " music: Barbatuques
Duration tells investors the length of time, in years, that it will take a bond's cash flows to repay the investor the price he or she paid for the bond. A bond's duration also tells investors how much a bond's price might change when interest rates change i.e. how much risk they face from interest rate changes.
This video discusses the concept of Macaulay Duration. The video uses a comprehensive example to demonstrate how Macaulay Duration is calculated, and it explains how Macaulay Duration is used to compare the interest rate risk of different bonds. Education Unlocked is your source for business and financial education. To view the entire video library for free, visit http://www.EducationUnlocked.org/ To like us on Facebook, visit https://www.facebook.com/EducationUnlocked123 Education Unlocked is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com/
Using a simple zero-coupon bond, I illustrate bond duration. We have a few variations, including weighted average time to cash flow, but the best way to view duration is as a SENSITIVITY: the % change in bond price given a % change in yield (YTM).
Bond investors worry about how far and fast interest rates might rise and what impact this could have on the price and yield of the bonds that they hold. In this short video Tim introduces duration, a term that can help to reveal the answer.
An introduction to Duration and examples of calculating duration. The Template for this video can be downloaded at http://www.tinyurl.com/brackerduration
This video illustrates how duration can be used to approximate the change in bond price given a change in interest rates. It also introduces and discusses convexity. Next there is a discussion of using duration as part of an immunization strategy to where price risk and reinvestment rate risk offset each other. Finally, calculating duration for portfolios is discussed. The template can be found at http://tinyurl.com/BrackerDuration2
This video discusses the concept of modified duration with respect to fixed-income securities. It utilizes a comprehensive example to explain how modified duration is calculated and how it can be used to calculate the percentage by which a bond's price changes when there is a change in the yield. Education Unlocked is your source for business and financial education. To view the entire video library for free, visit http://www.EducationUnlocked.org/ To like us on Facebook, visit https://www.facebook.com/EducationUnlocked123 Education Unlocked is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.Mi...
Before we delve deeper into the mysteries of duration and convexity, now is a good opportunity to actually calculate duration, at least in its form as an average weighted cashflow period, known as Macaulay's Duration. We do this both the long way, from first principles, and by using Excel's built-in 'DURATION' command. Previous lecture: http://www.youtube.com/watch?v=kGiluWlcaqI Next lecture: https://www.youtube.com/watch?v=njoh4kjb-bU For financial education from London to Singapore and beyond, please contact MithrilMoney via the following website: http://mithrilmoney.com/ This MithrilMoney lecture was delivered by Andy Duncan, CQF. Please read our disclaimer: http://mithrilmoney.com/disclaimer/
Duration is a timeline editor for creative coding. Download here: Application: www.duration.cc Code: github.com/YCAMInterlab/Duration Created by James George, co-developed by YCAM InterLab (interlab.ycam.jp/en) during the Guest Research Project v2 (interlab.ycam.jp/en/projects/guestresearch/vol2) Released under the Apache License, Version 2.0
www.loispatino.com
www.loispatino.com
A journey into the competitive world of free flight duration aeronautics. www.floatdocumentary.com © 2011-2017 Float Pictures. All Rights Reserved. Producer/Assistant Director: Ben Saks Director/Editor/Cinematographer: Phil Kibbe Additional Photography: Dalibor Tonkovic, Ben Saks, John Meese Music Credits: Song: "People" by Animal Collective Filmed with: Canon 5D, Canon 7D Zeiss lenses Canon lenses Lensbaby system Enjoy!
A project created using Arduino technology, the piece explores our conscious awareness of time. Using a record player hooked up to an Arduino board, the rotation speed corresponds to the surreal animation playback speed.
www.loispatino.com
2009 Stop-motion - part of the series "Imagination can move us trough time " music: Barbatuques
Yemen 0:00 (duration 8.39) Siresi Yarisdaran (Sevdiğimi Elimden Aldılar) 8:39 (duration 9.10) Volor Molor (Yardan Gelen Haber) 17:49 (duration 9.35) Yes Pucur Yaris Pucur (Ben Küçük Yar Küçük) 27:24 (duration 1.48) Fuad 29:12 (duration 6.37) Perde Kalktı 35:48 (duration 6.12) Siyah Perçemlerin Gonca Yüzlerin 42:00 (duration 4.42) Mayrig 46:42 (duration 7.44) Lorik 54:26 (duration 2.47) Dönüş Yolu 57:13 (duration 2.14)
Miss Teacher. Official Trailer 2015 - Duration: 2 minutes, 8 seconds. Star Cast : Kamalika Chanda, Resham Thakkar, Rahul Sharma, Mustaq Khan, Adi Irani etc. Miss Teacher 2016 Hindi 720p HD Full Movie || Kamalika Chanda, Resham Thakkar, Rahul Sharma Miss Teacher 2016 Hindi 720p HD Full Movie || Kamalika Chanda, Resham Thakkar, Rahul Sharma Watch Full Movie Here : https://www.youtube.com/watch?v=MgJY4EX9Ktc
**Description: Alessia returns from the convent where she was educated to the farm where she spent her childhood. As she arrives, she starts to remember the crime that made her and orphan. The animosity she feels towards her aunt starts to get explained. Aunt Agnes was responsible for the crime, so she could get the land. Alessia starts to use her sexuality to manipulate the men around her and set a trap for her aunt as revenge... Duration: 01:27:06 Directed by: Alfredo Rizzo Actors: Karina Verlier, Mario Novelli, Ria De Simone Language: Italian Country: Italy **Subscribe Link : https://goo.gl/AqNXSE
Theme Song: Thomas The Tank Engine Duration: 10 Hour Loop
The vast side of the sun. Over 100 million miles from
earth. Hidden from the eyes of radio telescopes by the
sun itself. Now this morning (...) a strange thing
happened. The gyro-mechanism (...) where influenced by
another magnetic field. The captual city camera was
panned over the sun, towards the force (...) attracted.
That force gentlemen, was the gravitational pole of
another planet. A new planet in our solar system.
Preliminary orbit 34.000 miles from planet surfaces
planet right? Right.
Mass gravitational pole, similar to earth. There's an
atmosphere. (...) Suitible landing site? Established.