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Quantitative Finance · Glossaire

Qu'est-ce que « Heating degree day, cooling degree day » ?

Aussi appelé : heating degree day · cooling degree day

Definition 11.6 Markets III: Commodities, Energy and Crypto · Chapitre 11 — Freight, Weather and Other Corners

With θi\theta_i the average of a day’s maximum and minimum temperatures in degrees Fahrenheit, the day’s heating degree days are HDDi=max⁡(0,65−θi)\mathrm{HDD}_i = \max(0, 65 - \theta_i) and its cooling degree days CDDi=max⁡(0,θi−65)\mathrm{CDD}_i = \max(0, \theta_i - 65); a period’s index is the sum over its days.

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