MASI on DeYirviel https://deyirviel.com/tags/masi/ Recent content in MASI on DeYirviel DeYirviel https://deyirviel.com/og-image-pm.jpg https://deyirviel.com/og-image-pm.jpg Hugo -- gohugo.io en Sat, 17 Oct 2026 09:30:00 +0100 The Derivatives Lab https://deyirviel.com/portfolio/derivatives-lab/ Sat, 17 Oct 2026 00:00:00 +0000 https://deyirviel.com/portfolio/derivatives-lab/ A derivatives lab: Black-Scholes, binomial and Monte Carlo pricing, a six-expiry SPX surface from 2,565 CBOE quotes, and a delta versus delta-gamma hedge. ATW — Attijariwafa Bank: franchise value versus the rate cycle https://deyirviel.com/pitch-desk/2026-10-17-atw/ Sat, 17 Oct 2026 09:30:00 +0100 https://deyirviel.com/pitch-desk/2026-10-17-atw/ Morocco's leading private bank is 1.4% above its 52-week low, on 12.6x earnings and 1.9x book for a 15.9% ROE. The market is pricing NIM compression; the franchise, fee base and Africa exposure are not broken. MASI below 17,000: anatomy of a correction that is not a crash https://deyirviel.com/notes/masi-under-17000/ Sat, 17 Oct 2026 00:00:00 +0200 https://deyirviel.com/notes/masi-under-17000/ Between 22 September and 8 October 2026, the MASI fell from 18,076 to 16,749 points. Behind the drop: a mining rally running out of road, narrower-than-headline earnings, a liquidity drought and a global rate shock. Anatomy of a correction, not a crash.