What Is a Black Box Model?

A black box model is a mathematical model or computational method that is unable to be readily explained or understood by humans. Black box models are often used in fields such as finance and machine learning, where the goal is to make predictions or decisions based on data, rather than to understand the underlying mechanism. … Read more

What Is Present Value (PV)?

The present value (PV) of a financial asset is the value of the asset in today’s dollars. PV is also known as “present worth.” The PV of an asset is the sum of all future cash flows from the asset, discounted at the asset’s required rate of return. The required rate of return is the … Read more

What Does a Financial Advisor Do?

A financial advisor is a professional who helps people manage their money. Financial advisors can help with a wide range of financial decisions, including saving for retirement, investing, and insurance. They can also provide guidance on how to manage debt and reduce financial risk. What is a financial advisor called? A financial advisor is an … Read more

What Is Opening Price in the Stock Market?

When the stock market opens for the day, the opening price is the first price at which shares of a particular stock are traded. The opening price is important because it set the tone for the rest of the trading day and can be used to gauge market sentiment. How do you technically analyze stock? … Read more

What is the Fisher rate?

The Fisher rate is a tool used in the accounting and finance area so that users can select between two investment projects which one suits them best. To do this, projects must be comparable and must be in evaluation stages. Typically used when there is a positive NPV and rate environment. Selection criteria for Fisher's … Read more

What is goodwill?

The concept of goodwill refers to the intangible asset indefinite that has the ability to create profits for a company over time. They refer above all to brand value, prestige, employee relations, customer base, recognition, etc. Although the value of goodwill is inherent in a company, it is only recorded after the purchase of a … Read more