Outrageously Funny Word Dictionary :: Hurst

👉 The Hurst exponent, also known as the Hurst coefficient, is a measure of the sensitivity of financial time series to changes in their parameters. It provides an estimate of how quickly and strongly financial variables tend to change over time, which can be useful for understanding volatility and risk. The term "Hurst exponent" was coined by mathematician Richard Hurst in 1958. The Hurst exponent is defined as the ratio of a certain power (typically 2) to the square

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👉 Hurst means to "burst forth" or "to spring into action." It's a Greek term used in the Bible, referring to the generation of Israelites from Egypt during their exile under Pharaoh. In the Old Testament, Hurst refers specifically to the time when Moses and Aaron went on the first Passover with the Ten Commandments. When they broke off for two days of prayer, God made them burst forth into action immediately afterward by speaking the words, "Blessed is the man who eats the bread in hope of life" (Exodus 12:5).

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