Paano Kalkulahin si Bond Convexity
Ano ang Bond Convexity?
Convexity measures how bond duration changes with yield, capturing nonlinear price-yield relationship missed by duration alone.
Step-by-Step na Gabay
- 1Input bond parameters: coupon, yield, maturity
- 2Calculate convexity
- 3Estimate price change accounting for both duration and convexity
Mga Nalutas na Halimbawa
Input
Long-duration bond with high convexity
Resulta
Larger price gains in falling yields than losses in rising yields
Convexity positive for bullet bonds
Mga Karaniwang Mali na Dapat Iwasan
- ✕Using duration alone for large yield changes
- ✕Neglecting option-adjusted analysis for callable bonds
Mga madalas itanong
Can convexity be negative?
Yes, for callable bonds when rates fall and issuer likely calls.
Handa nang kalkulahin? Subukan ang libreng Bond Convexity Calculator
Subukan ito sa iyong sarili →