What this is
Term price against the one-month price multiplied out.
The values
- US 12m against 12x1m: -0.554
- US 3m against 3x1m: -0.444
- US effective monthly 12m: 1.33
- JP 12m against 12x1m: -0.549
- JP 3m against 3x1m: -0.444
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- 1-15.99/(12x2.99)=0.554
- 1-4.99/(3x2.99)=0.444
- 15.99/12=1.33
- 1-1950/(12x360)=0.549
- 1-600/(3x360)=0.444