Market-implied rating
id:
market-implied-rating-245-14428297
title:
Market-implied rating
text:
A market-implied rating estimates the market observed default probability of an individual, corporation, or even a country. Indeed, a credit rating is simply a probability of default. The methodology used by Moodys consists in a median piecewise fit of the ratings to the credit defaut swap data observed on the market. S&P however uses a log regression between the log cds and the ratings equivalent number, adjusted to firm specifics, continent, and outlook.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Market-implied_rating
date created:
date modified:
2022-07-01T19:31:09Z
main entity:
{"identifier":"Q16980449","url":"https://www.wikidata.org/entity/Q16980449"}
image:
fields total:
13
integrity:
13