Actuals

Actuals

1. A term used to describe the underlying in future and forward contracts, dealing with commodities rather than financial instruments.

2. A term used to describe a securities historical volatitity.

Notes:

1. Many future and forward contracts deal in commodities such as oil, precious metals, livestock, and agriculture. These commodities represent deliverable goods and are commonly referred to a contract's actuals.

2. Historical volatility is computed through the standard deviation of past prices and closely mimicks the actual volatility of past stocks.

See also: Cheapest to Deliver (CTD), Commodity, Forward Contract, Future Contract, Implied Volatility, Volatility

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Actuals

The physical commodities underlying a futures contract. Cash commodity, physical asset.