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Carita Hønborg
Denmark
Приєднався 12 гру 2018
Her på kanalen finder du videoer til fagene Virksomhedsøkonomi og Matematik.
Forklaringer og eksempler er sat ind i en virksomhedsøkonomisk sammenhæng.
Videoerne har enten fokus på forklaring af begreberne i faget eller på hjælp til beregninger.
Brug dem i den daglige undervisning og som repetition frem mod eksamen.
Furthermore, there is a playlist for the course “Derivatives and Risk Management”. The videos in this playlist all have links to Excel sheets, which you can download for your personal use. The content mainly focuses on option pricing.
Forklaringer og eksempler er sat ind i en virksomhedsøkonomisk sammenhæng.
Videoerne har enten fokus på forklaring af begreberne i faget eller på hjælp til beregninger.
Brug dem i den daglige undervisning og som repetition frem mod eksamen.
Furthermore, there is a playlist for the course “Derivatives and Risk Management”. The videos in this playlist all have links to Excel sheets, which you can download for your personal use. The content mainly focuses on option pricing.
Implicit Finite Difference CIR bond pricing in EXCEL
In this video you will see the calculation of a bond price at different interest levels using implicit finite difference method and using one-factor CIR. You will also see a comparison between the analytical price and the finite difference method price.
You can download the Excel sheet here: bit.ly/3t448pP
Feel free to use this sheet for yourself or be inspired to make your own sheet calculating bond prices using CIR and Finite Difference.
If you want the formulas in English, google for "Excel formulas Danish to English" and you'll find the corresponding English formulas.
You can download the Excel sheet here: bit.ly/3t448pP
Feel free to use this sheet for yourself or be inspired to make your own sheet calculating bond prices using CIR and Finite Difference.
If you want the formulas in English, google for "Excel formulas Danish to English" and you'll find the corresponding English formulas.
Переглядів: 324
Відео
Explicit and Implicit Finite difference methods for option pricing in EXCEL. American and European.
Переглядів 1,1 тис.Рік тому
In this video you will se the calculation of the stock option price using explicit and implicit finite difference methods for both American and European call options and put options. You can download the Excel sheet here: bit.ly/46smeR4 Feel free to use this sheet for yourself or be inspired to make your own sheet calculating option prices using Finite Difference Methods. If you want the formul...
Chooser option with variance reduction in EXCEL using Monte Carlo simulation
Переглядів 194Рік тому
In this video you will se the calculation of the price for a chooser option using Monte Carlo simulation. You will also see the use of variance reduction in order to achieve a more precise 95 % confidence interval for the price of the chooser option. You can download the Excel sheet here: bit.ly/3ZywUel Feel free to use this sheet for yourself or be inspired to make your own sheet of Monte Carl...
Trading strategies in EXCEL: Bull spread, Bear spread, Butterfly spread
Переглядів 439Рік тому
Trading strategies like Bull spread, Bear spread or Butterfly spread are easily identified when you see the strategies drawn up. In this video you will see how to insert the information of the options in the strategy in EXCEL - and how you can present the created investment strategy. You can download the EXCEL sheet here: bit.ly/3PSdkqg Feel free to use this sheet for yourself or be inspired to...
Monte Carlo Digital option Antithetic variables in EXCEL
Переглядів 302Рік тому
Monte Carlo simulation in EXCEL of the price of a digital option with payoff of 0 or 1 depending on the Stock Price ending belove or above the Strike Price. The video also shows the use of Antithetic variables in EXCEL to reduce the confidence interval hence increase the precision of the option price. You can download the EXCEL sheet here: bit.ly/3RAZBpo. Feel free to use this sheet for yoursel...
Monte Carlo Simulation of Stock Price in EXCEL
Переглядів 972Рік тому
In this video you get a look at a standard Monte Carlo simulation of a Stock Price using 1000 paths. You can download the Excel sheet here: bit.ly/46uzLHL Feel free to use this sheet for yourself or be inspired to make your own sheet of Monte Carlo Simulation (if you want the formulas in English, google for "Excel formulas Danish to English" and you'll find the corresponding English formulas.
Binomial Tree in EXCEL for European and American options for stocks, dividend, currency, futures.
Переглядів 5 тис.Рік тому
This video shows and explains how you use the Binomial Trees in the Excel sheet, which you can download here: bit.ly/3EK6AEy You get a number of versions of the Binomial Tree, whether you have to calculate option pricing for stock, stock with dividend yield, stock with dividend amount, currency or futures. You also get a sheet, where you can calculate the volatility, if that is needed in your a...
Andengradsulighed
Переглядів 1914 роки тому
Denne film gennemgår løsning af andengradsulighed både grafisk og ved beregning. Hele filmen igennem tages udgangspunkt i et merkantil eksempel: Hvornår er omsætning større end omkostninger, dvs. hvornår er der overskud? Og ja - der er en lille fejl til sidst, hvor der skulle have stået 13,71 i stedet for 13,79...;-)
Omskrivning andengradsligning
Переглядів 4974 роки тому
Denne film forklarer, hvordan du omskriver en andengradsligning, så den sættes lig med 0.
Andengradsligning
Переглядів 1464 роки тому
Denne film forklarer, hvad det vil sige at løse en andengradsligning.
Beregning diskriminant TP nulpunkter
Переглядів 1134 роки тому
Denne film gennemgår et eksempel på udregning af diskriminanten, nulpunkter og toppunkt i en parabel
Graftegner TP og nulpunkt parabel
Переглядів 1284 роки тому
I denne film kan du se, hvordan du markerer toppunkt og nulpunkter i en parabel i GeoGebras Graftegner. Der er også forklaring på, hvad punkterne viser, hvis man forestiller sig, at parablen viser overskuddet i en virksomhed.
Andengradsfunktion
Переглядів 4874 роки тому
Denne film gennemgår funktionsforskriften for en andengradsfunktioner og fortæller om, hvad a og b og c betyder for parablens udseende.
Parabel
Переглядів 6004 роки тому
Denne film gennemgår parablens udseende og taler om toppunkt samt nulpunkter og diskriminantens betydning.
Lineær beregning: Et kendt punkt og a
Переглядів 634 роки тому
Denne film viser eksempler på, hvordan man beregner en lineær funktionsforskrift, når man på forhånd kender et enkelt punkt og man kender hældningskoefficienten a.
Beregning af forskrift for lineær funktion ud fra to punkter
Переглядів 1694 роки тому
Beregning af forskrift for lineær funktion ud fra to punkter
Hvorfor skal du har grænse på omsæting ?
Fordi det er aktiviteten (dvs. omsætningen) der sammenlignes med for at analysere, hvorvidt omkostninger har udviklet sig negativt eller positivt
Hi Carita, thank you for the wonderful video. I downloaded the worksheet and try to change the type of option in cell I3J3 but the excel returns "Name?". Looking into the cells highlighted in green between row 18 and 39, the equations are referred to cell I3, which should be correct. I also get the same "Name?" in the green cells when I change the editable cells like stock price. Am I doing something wrong?
Hi Timothy 🙂Glad, you like it 🙂 I just tested the sheet and it works as intended. I cannot say why you get this error. Did you download a copy or did you just use it online? My best guess is that downloading a copy to your own computer having Excel software will fix the problem. Kind regards, Carita
Jeg studerer virksomhedsøkonomi på et handelsgymnasie, og generelt har jeg haft problemer med at forstå rentabilitet. Jeg har nogenlunde styr på det men jeg har aldrig været i stand til at forklare det som jeg kan efter denne video
Det er rigtig dejligt at høre, at det kan bruges! Held og lykke med studierne 😊
Thank you you are really kind and a game changer :)
Thx 😊
I need help on one project let me know if you are interested. will send the file to you
This was a great video Carita! Thanks a lot! You earned a sub. And you definitely deserve a lot more subs. Sure your channel will pick up one day. Wish you the best!!!
Thank you so much 😊
hi ! first of all i want to thank you for this great job! i want to ask you for a favor, you built a 10 period model, and in my assignment i have 15 period . would you please help me for getting a 15 one please! i'm struggling
Hi and thank you 😊. The formulas in Excel are made, so you easily can drag the cell further out, hence expanding to 15 periods. Of course you have to insert some empty rows first in order to have the needed amount of rows. If this does not help you, I recommend to study the formulas in the cells of the 9th and 10th period, see how the develope and add the 11th up to 15th period in a similar manner. Kind regards, Carita
Hi..Thank you very much for sharing this. I hope you will get many likes because you help us a lot. However, I cannot change the types of option etc from your excel, so I could not try it. I have tried to download or export it in excel but I cannot find the menu. Could you give me some enlighment? Thank you.
Hi..Thanks a lot for your appreciative comment 😊. My first thought is whether you have activated the sheet after download - you probably did that already. However, if you for some reason cannot choose the option type in the scroll down menu, it’s really not a problem - you just scroll down the sheet itself instead and all 4 possible types of options are shown below. The feature of choosing option type in the menu was just to make it more user friendly as you would always have your option presented in the above tree of the page. Hope you will be able to use it. Kind regards, Carita
Thank you for the video. I seem to be getting wrong answers, the correct answer is $15.13, but the model does not show this. My uni question is: Determine the price of a two-year AMERICAN put option with a strike price of $52 on a stock that is currently priced at $48.78 which has a volatility of 46.5%pa if the risk free rate was 3.2%. After the first year the stock pays a dividend of $2.15 and after the second year the stock is expected to pay a dividend of $2.32. What is the price of this put option?
Hi 😊Given the data you supply and assuming that the tree has two steps dyring the two years, the price for an American put is 14,2994 in my model. This is exactly the same you get using DerivaGem in the book "Options, Futures, and Other Derivatives" by John Hull. Therefor I cannot see that the correct answer would be 15,13 unless of course there is a typo in some of the given data or that the number of periods (not stated) is different from 2. I have tested with a various different number of periods and neither of my tests result in an option price of 15,13. I hope, you find out - I would be interested to hear you solution ☺
Thank you - this was super helpful!
You’re welcome, good to hear 😊
Hello, Thanks for this educative video, after I inserted all the necessary stuff, the up-movement, down-movement, and probability changed to #NAME? without touching it, Please any idea of what may go wrong? Response needed urgently
Hello, My best guess is, that the formula isn’t working due to the way, you typed in the information. Perhaps you used a dot (.) instead of a comma (,)? My advice would be to download the sheet again and observe how I’ve entered the information and look for any mismatches in how you entered the information. The upmovement, the downmovement and the probability are all calculated using Excel formulas - and as I’m sure you are very well aware of, they only function if they can recognize the numbers and signs in the entered data which the formulas are using. Hope it works out for you 🙂
Hi Carita, Very much appreciate the free download. I had a question regarding binomial modeling for futures pricing on a contract that is the monthly average of the daily index... For example, we are 9 days into the month of March today, March 13th (21 business days), and the index so far is $100; if I know the historical volatility, is there a way to model with the binomial tree what the index will come out at the rest of the month? If there is already research done on this and you could point me to the right source I'd appreciate it.
Hi Taylor I cannot say that I have any particular knowledge regarding your question nor am I able to point to any research regarding the topic. However, my thoughts are that you would need a binomial tree for each time period (each business day) since you need an average of the index. Hence placing the index at time 0 and use periods of 2, of 3, of 4 up to 21 business days and after that calculate a simple average of the prices from the 21 binomial trees. I cannot say if this rather simple idea is the best way to go - but it's the only soution that I can see without using overlapping formulas in Excel - which of course doesn't work. Yo can easily drag the formulas in my binomial trees to extend the periods up to whatever you need. Kind regards Carita
may i ask what’s the eksp
Hi - it's the formula to discount or compound the interest over the periods of time. Microsoft explaines the formula like this: "This article describes the formula syntax and usage of the EKSP function in Microsoft Excel. Description Returns e raised to a power of number. The constant e is equal to 2.71828182845904, which is the base of the natural logarithm." Kind regards, Carita
goated channel, thanks a bunch for the informative content and the sheet download :)
Thx a lot😊
Great work 🤩 but The Download to this Sheet is not working it says Office can not find this sheet
Thank you 😊. I am puzzled that you cannot find the sheet. I just tested the link and it worked just fine. Hope it works out for you. Otherwise let me know and we will find another solution, if you still want the sheet 😊
@@caritahnborg5928 I apologies the download worked successfully
@@caritahnborg5928 I've downloaded the file using the link and it appears to work for me perfectly. Thanks a lot for the video and the workbook :)
@@caritahnborg5928I forgot to tell you that I found the sheet, but I have two questions. First question: In the Black Scholes model, there are variables that are considered constant, such as yield volatility and dividends. Does your method have constants? Second question: Did you create the option price using approximately finite differences with an option formula, for example the Black Scholes model, or did you create the option price using just numerics without an option formula?
@@metehan9185 Hi again. Great that the download worked 😊. On your questions, I suggest litterature like “Fixed Income Modelling” by Claus Munk - I think, you’ll find the info there - it seems as if you are looking for some more detailed info than I can provide here.
You're amazing...thank you for this video and the excel sheet. We were struggling to understand the mechanics of the simulation. We got all the base data but didn't know how to make the simulation generate the predicted stock prices....You are a STAR!!! Thank you Thank you Thank you
Thank you very much 😊
Thank you for such a much needed demonstration of how to use finite difference in excel to price options, I believe yours is the only video of this type. Grateful I came across it !
Thank you for the appreciative comment. I myself looked so many places for videos of this type, when I needed them, so now I’m glad to share 😊
Stor hjælp! Tak!
Dejligt at høre - godt, at filmen kan hjælpe 😊
Good day, I too am not able to access this EXCEL link. I am only getting 'read only' access, I can't change anything within the binomial tree itself. Cheers.
Hi - thank you for reaching out. In order to use the sheet you have to save a copy on your computer (and you probably have to activate the editing - usually easy to see at the top of the sheet). The cells open for input are: Stock price, Volatility given, Total lifetime in years, Number of periods, Strike price and Risk free rate. The other cells are protected in order to preserve the formulas and thus keep the sheet functioning. I hope, this will work for you - I have had it tested by some of my friends and they could use the sheet as here described.
Hi again - one more thing: The cells are only protected in the first sheet with the "standard" binomial tree. The other sheets (dividend, currency and futures) are completely open for you to alter as you wish 🙂
Hello! thank you for this video. Unfortunately the link isnt working for the sheet download
Hi Lana. Thank you for your message - I’ll look into it and fix it. It was kind of you to let me know. Kind regards, Carita
Hi again - I replaced the link and I hope it will work for the download now. I will be so grateful, if you will let me know whether it is working or not.
Tak
Jeg ved dette er en ældre video, men jeg tænker du stadig kan noget matematik! Hvis man nu i stedet står med to eksponentielle funktioner, hvordan vil ligningen så se ud? Er det bare at bruge f(x)=b*a^2 i stedet for? Jeg synes ikke at kunne finde nogen eksempler på det med eksponentielle, hvor skæringspunktet ikke ligger på 0, og det gør mig forvirret! :)
Hej 😊 Ja, du kan altid sætte to funktioner lig med hinanden i skæringspunktet - uanset typen af funktion. Se fx en god forklaring i forhold til eksponentielle funktioner på kanalen: Gymnasiemaple Thomas Schausen
hvad gør man så hvis man skal regne omsætningen ud?
Hej Sigrid Selve omsætningstallene skal man have på forhånd fra fx en opgavetekst eller fra et regnskab for en virksomhed. Omsætningen består af antallet af alle de varer, der er solgt (afsætningen) ganget med salgspriserne uden moms. I praksis er det helt umuligt at regne ud, medmindre man har adgang til virksomhedens regnskab. Det er jo ikke til at vide, hvor mange stk. der er solgt af hver vare eller hvilke salgspriser, de er solgt for. Derfor får man enten omsætningen (salget) oplyst eller man finder tallene for omsætningen i virksomhedens regnskab. Denne film handler kun om, hvordan man ud fra givne regnskabstal kan beregne selve indekstallene, så man kan se den procentvise stigning og sammenligne (dette er gennemgået i filmen om forklaring af indekstal). Mvh Carita
tusind tak! skide godt! simpelt og hurtigt. Lige som det skal være!
Mange tak 😊
Sikke en super gennemgang. Mange tak, Carita.
Mange tak 😊
Hej Carita. Fantastisk video :-) Hvordan kan det være at bankkonto er på aktiv siden? Er det fordi det er en værdi?
Hej Nicolai. Mange tak 😊. Du har helt ret - det er fordi en bankkonto som udgangspunkt er en værdi (medmindre der er overtræk 😉)
Fanme en god video
Tak 😊
Jeg er helt enig
Mest fantastiske forklaring af debet - kredit . Tak!!!
Mange tak 😊 Godt, den kan bruges 😊
Carita super god video du har lavet dig, så derfor Abonner jeg til dig
Tak Niklas!
Synes du forklare det sindssyg godt
Tak 😊
@@caritahnborg5928 kan man være så heldig at du vil hjælpe med at tyde et par nøgletal og om jeg har forstået opsat det korrekt? 😅 har nemlig nogle andre ord i regnskabet
@@nananannananaomi Hej igen 😊. Tak for tilliden, men må desværre melde pas, da jeg er i fuld gang med onlineundervisning af mine egne elever. Håber, du finder en god løsning 😊
Meget flot tusind tak ..bare 1 ting -> det sidste eksempel med AMB osv... passer ikke lige i regnstykket? eller regner jeg forkert? 894+8400 = 9294 ikke 9130
Tak 😊 Du har helt ret - det er en smutter! Det ændrer dog ikke noget på den principielle forklaring om brug af debet og kredit i det dobbelte bogholderi, så jeg håber, det gav mening alligevel 😊
@@caritahnborg5928 nej det gør det nok ikke ... det giver bare en "lille" minus i din perfekte video :-)
Tak, for den bedste forklaring jeg har set (ud af MANGE!) 🙏🏻
Tak 😊. Godt, den kan bruges 😊
Det er da den mest enkle og klare forklaring og demonstration af principperne. Absolut topkarakter for alt på YT. Du burde lave den på engelsk! Afsindig godt materiale.
Tak 😊
nice nice nice nice nice nice
bush did 911
Super god og let forståelig video. Kan du lave en video, hvor du forklarer hvordan man bogfører feriepenge?
Mange tak. For tiden arbejder jeg på matematik-videoer, derfor tør jeg ikke love en video om bogføring af feriepenge lige nu.Jeg kan kort oplyse, at du skal debitere feriepengene på samme måde, som du debiterer lønomkostning - og kreditere skyldig AMB og skyldig A-skat af feriepengene på de samme skyldige konti, som bruges ved AMB og A-skat af almindelig løn. De feriepenge, som skal udbetales til medarbejderen, krediteres på skyldige feriepenge eller på bank, når du evt. overfører til feriekonto.