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rhova

noun

A second-order measure of derivative price sensitivity, expressed as the rate of change of vega with respect to changes in the risk-free interest rate, or equivalently the rate of change of rho with respect to changes in the volatility of the underlying asset.

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Meanings

nounrhova (uncountable)

uncountablebusinessA second-order measure of derivative price sensitivity, expressed as the rate of change of vega with respect to changes in the risk-free interest rate, or equivalently the rate of change of rho with respect to changes in the volatility of the underlying asset.
Synonyms: vera

Synonyms & antonyms

nounA second-order measure of derivative price sensitivity, expressed as the rate of change of vega with respect to changes in the risk-free interest rate, or equivalently the rate of change of rho with respect to changes in the volatility of the underlying asset.

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Origin

rho + va(riance).

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Cite this entry

APA

rhova. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/rhova

MLA

“rhova.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/rhova. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “rhova,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/rhova.

Source: rhova on Wiktionary, CC BY-SA 4.0.