सभी किताबें

पेशेवर

ऐप्स परिचय Coach लॉग इन पढ़ना शुरू करें

Quantitative Finance · शब्दावली

Revenue budget, allocated cost क्या है?

अन्य नाम: revenue budget · allocated cost

Definition 6.1 The Desk and the Firm · अध्याय 6 — The Head of Desk’s Job

A desk’s revenue budget is the revenue it commits to produce in the coming year, agreed with the firm’s management and used to plan its costs, its pay pool and its capital. An allocated cost is a share of the firm’s shared costs, technology, premises, control functions, market data, charged to the desk by an allocation key (headcount, revenue, usage).

The probability that a desk’s annual revenue meets a budget set at k times its expected revenue, (S(1-k)), for four Sharpe ratios. Every curve passes through one half at k=1; above it, the steadier the desk, the less likely it beats the budget. Data: fm_head.p_meet_closed.
Figure 6.1. The probability that a desk’s annual revenue meets a budget set at kk times its expected revenue, Φ(S(1−k))\Phi(S(1-k)), for four Sharpe ratios. Every curve passes through one half at k=1k=1; above it, the steadier the desk, the less likely it beats the budget. Data: fm_head.p_meet_closed.
अध्याय में पढ़ें →