上場投資信託の値を計算する

最近エンゲル教授が書いた論文を読みながら上場投資信託(ETF)の理論値と実際値の違いを学んでいます。無詐偽のプロセスを使って終値によって計算されたETFの一株当たりの値段と当時の株価で計算された値段を一致出来るらしいです。It seems that the premium equals the price minus the per-share net asset value (NAV), and the spread is approximated by the standard deviation of the premium. ETFs exist in many sectors such as utilities and technologies, and there are many international market ETFs. One example is EZU, which covers stocks for companies based in the European Monetary Union.