Greeks (finance)

In mathematical finance, the Greeks are the quantities representing the sensitivity of the price of derivatives such as options to a change in underlying parameters on which the value of an instrument or portfolio of financial instruments is dependent. The name is used because the most common of these sensitivities are denoted by Greek letters (as are some other finance measures). Collectively these have also been called the risk sensitivities,risk measures or hedge parameters.

Use of the Greeks

The Greeks are vital tools in risk management. Each Greek measures the sensitivity of the value of a portfolio to a small change in a given underlying parameter, so that component risks may be treated in isolation, and the portfolio rebalanced accordingly to achieve a desired exposure; see for example delta hedging.

The Greeks in the Black–Scholes model are relatively easy to calculate, a desirable property of financial models, and are very useful for derivatives traders, especially those who seek to hedge their portfolios from adverse changes in market conditions. For this reason, those Greeks which are particularly useful for hedging—such as delta, theta, and vega—are well-defined for measuring changes in Price, Time and Volatility. Although rho is a primary input into the Black–Scholes model, the overall impact on the value of an option corresponding to changes in the risk-free interest rate is generally insignificant and therefore higher-order derivatives involving the risk-free interest rate are not common.

Color (EP)

Color is the second EP by Japanese visual kei band, Girugamesh, released on July 7, 2010.

Track listing

Personnel

References

Color (album)

Color is the third studio album by Japanese group NEWS, released on November 19, 2008. The album was released in a limited edition and regular edition. The regular edition comes with a bonus track. The album debuted at the number-one spot on the Oricon chart, making Color their third consecutive number-one album.

Singles

Track listing

Charts

References

External links

Introduction

Introduction, The Introduction, Intro, or The Intro may refer to:

Intro (R&B group)

Intro is an American R&B trio from Brooklyn, New York City, New York. The trio consisted of members Jeff Sanders, Clinton "Buddy" Wike and lead singer/songwriter Kenny Greene. Intro released two albums (for Atlantic Records): 1993's Intro and their second album, 1995's New Life. The group had a string of US hits in the 1990s. The hits included the singles "Let Me Be The One", the Stevie Wonder cover "Ribbon in the Sky", "Funny How Time Flies" and their highest charting hit, "Come Inside".

Intro's Kenny Greene died from complications of AIDS in 2001. Intro recently emerged as a quintet consisting of Clinton "Buddy" Wike, Jeff Sanders, Ramon Adams and Eric Pruitt. Adams departed in 2014, with the group back down to its lineup as a trio. They are currently recording a new album to be released in 2015. The group released a new single in 2013 called "I Didn't Sleep With Her" and a new single "Lucky" in October 2014.

Discography

Albums

Singles

References

Trust in Few

Trust in Few is the debut and only album of Ocala metalcore band We Are Defiance, released in March 2011.

Background and recording

The band announced that Tyler "Telle" Smith of The Word Alive and Danny Worsnop of Asking Alexandria would be featured on one track each. Smith was featured on the track "Not Another Song About You", though Worsnop was pulled off Trust in Few by his label Sumerian due to the fact the bands' records came out too close together.

The album was produced by ex-A Day to Remember guitarist Tom Denney, who also engineered, mixed and mastered the album at Diamond Studios in Ocala, Florida.

Release

Originally set for release on March 15, the release was delayed after a car accident the band had while touring through the US at the beginning of 2011, when lead vocalist Brian Calzini was brought into the hospital.

"To the Moon", "I'm Gonna Bury You Underground Eli" and "Weight of the Sea" were all released as singles prior to the album's release, with a music video shot for "It's Not a Problem Unless You Make It One".

Fur

Fur is used in reference to the hair of animals, usually mammals, particularly those with extensive body hair coverage that is generally soft and thick (as opposed to the stiffer bristles on, for example, pigs). The term "pelage" (French, from Middle French, from poil hair, from Old French peilss, from Latin pilus; first known use in English c. 1828.) is sometimes used to refer to the body hair of an animal as a complete coat. Fur is also used to refer to animal pelts which have been processed into leather with the hair still attached. The words fur or furry are also used, more casually, to refer to hair-like growths or formations, particularly when the subject being referred to exhibits a dense coat of fine, soft "hairs."

Animal fur, if layered, rather than grown as a single coat, may consist of short down hairs, long guard hairs, and, in some cases, medium awn hairs. Mammals with reduced amounts of fur are often called "naked", such as naked mole-rat and naked dogs.

An animal with commercially valuable fur is known within the fur industry as a furbearer. The use of fur as clothing and/or decoration is considered controversial by some people: most animal welfare advocates object to the trapping and killing of wildlife, and to the confinement and killing of animals on fur farms.