representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained
firms Unlike the other Greeks, implied volatility was unknown. 6 t Implied volatility Realized volatility t + 1 • It was calculated by reverse engineer process from the option price at time t. • Implied
]St0 HC = Ct1−[Delta]St1 DeltaBS = f ( St0, K, T, r, σ ) Historical statistic : Standard deviation Implied statistic : Min ∑ (Cmarket – C theoretical) 2 DeltaWM = f ( St0, K, T, r, μ, σ* ) σ* = f (r, μ
driven by lower industry-wide Integrated PET spreads. Going forward, management will focus on cost management initiatives, drive operational excellence, and working capital optimization in parallel with
term. In addition to achieving revenue growth, the company-wide cost optimization is ongoing and translated into EBITDA expansion of +9% YoY and +2.4% QoQ to stand at Bt18,905mn, a reported margin of
license and first payment for the spectrum will begin around Oct-20. The low- band frequency such as 700MHz inherits a wide-coverage as strong characteristic which will support 5G coverage. In the short
continued to have presence as strong brands in the market. Implemented company-wide cost optimization With low growth market, AIS has been focusing on optimizing and digitizing the core operation including
6661 Fax: +662 661 6664 1 2019 IVL Performance Summary IVL registered volume growth of 18% in 2019 driven mainly by inorganic expansion. Industry-wide spreads declined to historical lows in 2019, leading
industry-wide action to tackle some of the biggest social and environmental challenges facing us today. The Little Helps Plan focuses on the aspects of sustainability that are most relevant to us and our
generated by just two GHG protocol categories: (i) the production of raw materials and (ii) the transportation of finished goods. CHANEL conducted its first corporate-wide carbon footprint exercise in 2015