Microestructura

In this article, we will develop all the fundamentals of Arbitrage Pricing Theory (APT) and price discovery processes.

Although the general public tends to have a misconception about one of the most common uses of volatility, which is to assume its predictive effect on future volatility or asset price movements

In this upcoming series of articles, we will delve into the concept of volatility. We will begin by studying its theoretical framework in detail, then explore its causes, effects, and consequences.