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"It's perfectly realised, very elegant, transcendent music," says Summers, a dapper, rather irascible man, whose initial volatility dissipates as he becomes increasingly animated by talking about the records he loves.
Much of the offering's initial volatility may have been caused by investors selling stakes in the bank to free up capital to participate in the rights issuance, according to people familiar with the matter.
Spotify has not spoken publicly about the expected direct listing, but some close to the company believe that it could avoid some of the initial volatility.
OPEC had also announced a 4.2 million barrel cut from its September output reduction on Wednesday, sparking some initial volatility into the market until traders realized that this wasn't actually its official new cut.
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For civil engineering project evaluation, OWA is used to estimate the parameters of the fuzzy real options model, such as initial values and volatilities, to reflect the risk preference of decision makers (DMs).
Banking alone produces high permit prices in earlier periods that fall over time, but the combined policy produces lower initial prices and lower volatility.
Properties of sealers include volatility, viscosity, initial shrinkage, tensile strength, and tensile elongation.
There is no significant correspondence between market volatility and initial underpricing, a result is in line with Omran (2005).
In this example, it is considered that drift, volatility and initial condition respectively are: (a(t)=-0.2, b(t)=-1.0), (X_{0}=1.5), maturity time (T=2) and number of points (N=30).
Avon's stock was halted three times on Thursday due to volatility after the initial reports.
We find that initial lease periods effectively reduce volatility once permanent trading is introduced.
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