Acronym vs Area 21,22,29,30,31 Flashcards
The main factors affecting bond yields
SPROEITI
The influences of the level of property in the market
ODI
Investors preferences are influenced by
FUME CC
Requirements of a good model
VIVA RAPER DAD
Deterministic model development
SCCACCARD
Stochastic model development
SCCSACCRP
Merits of modelling options depend on
C U FLIP
Deterministic vs. Stochastic models differences
CUBE PO
Factors affecting the level of the equity market
ERICA IE POTAR
Sources of models
NEC
Merits of Deterministic model
LECE COS
Merits of a stochastic model
WAQA SLIC
Uses of a model
PROF P
Using models for pricing consider
BAD CoMP DiCoS
Sources of data
TRAINERS C
Causes of poor data
RUS RAD
Uses of data (Company departments)-
PREMISES FAAr
Factors affecting assumptions:
DIE FULCN
Factors that increase the risk of product design:
GLOC U
For past data consider how to deal with:
CRC CHEAT PRUDT
Factors affecting marketability when modeling for pricing / competitiveness of products
DiPCoS
When considering accuracy and prudence of assumptions
BIPACS O
Assumptions made form historic data
BIDS
Assumptions made form current data
REFS
Quality and quantity of data influenced by
SEC
Ways to improve data quality
TeCSReFS P
Ways to improve the claim and proposal form
RECTURE Q
Concerns with summarised data
MiRC/ RelCanS
Merits of industry wide data
CA FLOQ HP
Heterogeneity in data industry-wide data caused by difference in
PRoCRStNa SP/
PReCReS SNaP
Assertions to assess in data
TACA /CATA OPI SpotS
Demographic assumptions:
Morty Will Never FallS
Ways to check assertions: Checks to perform
SCARFACE MVR/ Reconcile, Consistency, DRaM
Examples of financially significant economic assumptions
5CIET
Contract Features Captured in a model point
BAGTSAD
Freehold properties are considered to be more attractive than leasehold properties because of:
BeDGGN
