4 ms·
2007/2008 showed that there is incredible momentum in credit ratings, and that despite the "rules" there is a log scale relationship with rating, momentum, and
by debacle 3y ago
2007/2008 showed that there is incredible momentum in credit ratings, and that despite the "rules" there is a log scale relationship with rating, momentum, and risk.
The A/B/C rating system might be more of a disservice than a 0-100 scale.
- sudosysgen 3y agoA quantitative scale is too easily backtested, criticized and compared, which means it would threaten the moat that these agencies rely on.