Golden West resets its ARMs on a monthly, lagging basis, which allows it to expand margins when rates are falling, as they have been in the past few years.
BOLD runs were analyzed with a general linear model approach, using a series of 7 lagged "tent" basis functions for each condition in order to generate an empirical estimate of the hemodynamic response, rather than a single standardized function.
The dlnm package in R software was used to construct the polynomial distributed lag basis.
The simpler lag-basis for DLMs in (1) is a special case of the more complex cross-basis for DLNMs in (2).
A mortgage-backed securities fund lagged by 53 basis points.
Our results show that hedging effectiveness is much higher when the seasonal pattern in spot price changes is approximated with lagged values of the basis (futures price minus spot price).
His S&P 500 fund, for example, lagged its benchmark by 11 basis points (0.11%), even before fees.
This class of models can describe complex nonlinear and lagged dependencies through a cross-basis function, obtained by the combination of two functions that define the conventional exposure response relationship and the additional lag response relationship, respectively (Gasparrini 2014).
Whats more, the equity has lagged the Semiconductor HOLDRS Trust on a monthly basis since August 2004.
Android has traditionally lagged iOS on a per user basis when it comes to app monetization — but that gap merely adds fuel to Metaps' business.
"For the 11th month in a row, weekly paychecks have lagged behind prices on a year-over-year basis, this time by 2.5percentt," he said, referring to the Bureau of Labor Statistics earnings report, also released Tuesday.
