Chat with our AI personalities
The graph of the sine function is periodic at every point. Periodic means that the value of the function at every point is repeated after an integer multiple of the period.
No. Three times the value of 003 is 009 or just 9. The number 0.003 is three times the value of 0.001.
It is 10 times smaller.
The value of million is one million times the value of one.
Since futures contracts on a market index expire only once a month, Fair Value is the Forward Value (at the time of a futures contract expiration) of an index spot price, where compounding takes into account time to expiration and dividends lost due to holding index futures rather than underlying stocks. If Fair Value before the open is lower than the futures contract price, you may expect that a market index will go higher after the opening bell.