Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The amount and accuracy of passing in the game of soccer—called football across much of the world—has climbed in recent years, according to new research. The average passing volume, pass accuracy, and ...

Risk-neutral probabilities adjust future outcome odds for risk to compute expected asset values. These probabilities help determine fair prices for assets, especially derivatives. Unlike real-world ...

Probability theory describes the likelihood of different outcomes or distinct results from chance processes (sometimes referred to as experiments.) The set of all the possible outcomes of an ...