Was ist der Unterschied zwischen einer modifizierten Dauer und einer Macaulay-Dauer? - Handel 2026

Explain the difference between Macaulay duration and modified d... | Filo

Macaulay Duration: Definition, How It Works, Formula, and Example

Modified duration provides an estimate of the percentage price change for a bond given a change in its yield-to-maturity. Modified duration provides a linear estimate of the percentage price change. In terms of absolute value, the change is the same for either an increase or decrease in the yield-to-maturity. The modified duration statistic for a fixed-rate bond is easily obtained if the Macaulay duration is already known. An alternative approach is to approximate modified duration directly. | P

Modified Duration/Convexity Bond Portfolio HedgeAt date t, the ... | Filo

Portfolio Duration Limitations | CFA Level 1

Duration Definition and Its Use in Fixed Income Investing