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:: Ex-ante
Posté le 06-Nov-2006 par Raisepartner

Ex ante is latin for "beforehand". In models where there is uncertainty that is resolved during the course of events, the ex antes values (e.g. of expected gain) are those that are calculated in advance of the resolution of uncertainty, as opposition to ex-post.

For instance, the ex-ante volatility of a portfolio at a given time t is calculated using the covariance matrix and the volatilities estimated from historical data up to time t.



See also : Ex-post,