Derivative: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson No edit summary |
imported>Doug Williamson (Link with Naked page.) |
||
| Line 10: | Line 10: | ||
* [[Embedded derivative]] | * [[Embedded derivative]] | ||
* [[Greeks]] | * [[Greeks]] | ||
* [[Naked]] | |||
Revision as of 10:32, 7 October 2015
- Derivative instrument.
- Maths. A derivative function describes the rate of change of the underlying function, with respect to changes in one of the variables in the underlying function.
- The first derivative describes the slope of the function curve at a given point on the curve.
- The second derivative describes the rate of change of the slope. In other words the degree of curvature, at a given point.
