Traders in bonds and credit default swaps are bombarded with information on the default probabilities implied by credit spreads using a simple ratio.

Information generated by the house-selling probability model could provide the seller with recommendations on what can be done -- reducing the asking price or remodeling, for example -- to ...

Decision trees are a major tool in corporate finance. Discover how binomial trees play an integral role in the pricing of interest rates.

As an example, the proposed model, benchmarked with the rating transition model based on the Merton model, is used to estimate the probability of default term structure for a commercial portfolio, ...

During the making of an AI model, Performance metrics like accuracy, precision, recall, F1-score, ROC curves are used to ...

Backtesting of a probability of default model in the point-in-time–through-the-cycle context Mark Rubtsov Need to know We claim PD model correctness is equivalent to unbiasedness; given unbiasedness, ...

A prediction model from the global financial services firm JPMorgan Chase, analyzed by Bloomberg, suggests that the probability of an economic downturn has grown to 31 percent from 17 percent at ...