Delta cap
cost basis minus the long-run average value
The gap between what the market paid and what it has been worth on average across its whole life. It is the raw form of the delta price floor model.
DefinitionRealized cap - average cap.
cost basis minus the long-run average value
The gap between what the market paid and what it has been worth on average across its whole life. It is the raw form of the delta price floor model.
DefinitionRealized cap - average cap.