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00:28 Dec 1, 2004
English to Chinese translations [PRO] Tech/Engineering - IT (Information Technology)
English term or phrase:when their product's up, they do great;
Are there certain tried-and-true formulas that are integral to calculating finance risk?
There are formulas that are very well-known—for instance, the formula for beta, the measurement for how much economywide risk a certain stock has. Different stocks have different exposures. So there will be some firms that are very cyclical—when their product's up, they do great; when it's down, they do terrible.