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- 2011-5-26
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- 2012-9-12
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Mentally I just simplify it for myself .
Smoothed means mistaken , not-in-sync with real prices , needs correction or volatility injection.
Unsmoothed means corrected , with more representative prices , hence returns. Corrects appraisal data returns and dispersion numbers. |
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发表于 2011-7-11 15:29
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