compression between rating categories

08:28 Sep 18, 2023
This question was closed without grading. Reason: Answer found elsewhere

English to German translations [PRO]
Bus/Financial - Investment / Securities / Fondskommentar High Yield
English term or phrase: compression between rating categories
From a rating standpoint, compression between rating categories was rather strong, resulting in a negative allocation effect (-13 bps). CCCs outperformed BBs in the US by 1.3% and in Europe by 2.7%.

Ich verstehe nicht so ganz, was ***compression*** hier bedeutet.
Andrea Hauer
Germany
Local time: 15:08


Summary of answers provided
3Verdichtungsverhältnis zwischen einzelnen Ratingklassen
Adrian MM.


Discussion entries: 10





  

Answers


1 day 1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
Verdichtungsverhältnis zwischen einzelnen Ratingklassen


Explanation:
Compression I understand to mean creditworthiness / Bonitäts weighting factors wedged between solitary rating categories.

'Die Ratingmethode befasst sich mit der Merkmalsauswahl (Vorgabe), der Merkmalbildung (Definition) und der *Merkmalverdichtung* (Gewichtung) durch ein mathematisch-statistisches Modell.'

Example sentence(s):
  • Die einem Ratingobjekt zugeordnete Ratingklasse ist das Ergebnis der Verdichtung einzelner Bonitätskriterien. Auch die Anzahl der notches in einer Ratingskala ist Bestandteil der Ratingmethode.

    Reference: http://www2.proz.com/personal-glossaries/entry/2700479-verdi...
    Reference: http://de.wikipedia.org/wiki/Rating
Adrian MM.
Austria
Native speaker of: Native in EnglishEnglish
PRO pts in category: 30
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