Rho Cygni

Rho Cygni (ρ Cyg) is a star in the constellation Cygnus. Its apparent magnitude is 3.98.

References

Rho

Rho (/ˈroʊ/; uppercase Ρ, lowercase ρ or ϱ; Greek: ῥῶ) is the 17th letter of the Greek alphabet. In the system of Greek numerals, it has a value of 100. It is derived from Phoenician letter res . Its uppercase form is not to be confused with the Latin letter P, although both types use the same glyph; P.

Uses

Greek

Rho is classed as a liquid consonant (together with lambda and sometimes the nasals mu and nu), which has important implications for morphology. In both Ancient and Modern Greek, it represents a trilled or tapped r.

In polytonic orthography a rho at the beginning of a word is written with a rough breathing (equivalent to h) — ῥ rh — and a double rho within a word is written with a smooth breathing over the first rho and a rough breathing over the second — ῤῥ rrh — apparently reflecting an aspirated or voiceless pronunciation in Ancient Greek, hence the various Greek-derived English words that start with rh or contain rrh.

The name of the letter is written in Greek as ῥῶ (polytonic) or ρω/ρο (monotonic).

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.

Rho GTPase

Rho GTPase may refer to: