https://wiki.treasurers.org/w/index.php?action=history&feed=atom&title=Constant 2026-04-20T04:52:46Z Revision history for this page on the wiki MediaWiki 1.40.0 https://wiki.treasurers.org/w/index.php?title=Constant&diff=11043&oldid=prev 2021-08-06T17:03:20Z

<p>Create page. Sources: Linked pages.</p> <p><b>New page</b></p><div>1. ''Financial maths - statistics - universal constants.''<br /> <br /> A universal constant is a value observed in nature, that forms part of a mathematical or statistical relationship.<br /> <br /> Examples include the exponential constant - ''e'' - approximately 2.718282.<br /> <br /> <br /> 2. ''Financial maths - analysis - modelling - inputs.''<br /> <br /> More broadly, any amount that is assumed to be unchanged, for the purpose of producing a simplified model.<br /> <br /> For example, the dividend valuation model assumes a constant rate of dividend growth - &quot;g&quot; - from Time 1 onward.<br /> <br /> Contrasted with a ''variable''.<br /> <br /> <br /> Making this assumption in error is a common source of analysis and modelling errors.<br /> <br /> This assumption is sometimes known as the ''ceteris paribus'' assumption.<br /> <br /> <br /> 3. ''Measurement - money market funds.''<br /> <br /> Any basis of measurement in which an amount is targeted - or held - at a fixed level.<br /> <br /> For example, the ''constant currency'' exchange rate basis of comparing financial results in successive periods.<br /> <br /> Another example is the ''constant net asset value'' basis of maintaining a money market fund.<br /> <br /> <br /> 4. ''Continuity - near-continuity.''<br /> <br /> Examples include constant trading, and constant dialogue between interested parties.<br /> <br /> <br /> == See also ==<br /> * [[Ceteris paribus]]<br /> * [[Constant currency]]<br /> * [[Constant maturity credit default swap]]<br /> * [[Constant net asset value]]<br /> * [[Dividend growth model]]<br /> * [[Exponential]]<br /> * [[Input]]<br /> * [[Money market fund]]<br /> * [[Variable]]<br /> * [[Variable net asset value]]<br /> <br /> [[Category:Accounting,_tax_and_regulation]]<br /> [[Category:The_business_context]]<br /> [[Category:Identify_and_assess_risks]]<br /> [[Category:Manage_risks]]<br /> [[Category:Risk_frameworks]]<br /> [[Category:Risk_reporting]]<br /> [[Category:Financial_products_and_markets]]</div>

imported>Doug Williamson