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Your certificate is now private

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Certificate of Completion

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THIS ACKNOWLEDGES THAT

HAS COMPLETED THE FALL 2025 QUANT FINANCE BOOT CAMP

Chidubem Umeh

Roman Holowinsky, PhD

NOVEMBER 13, 2025

DIRECTOR

DATE

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TEAM

Implied Volatility vs. Realized Volatility for an Africa-Exposure ETF

Chidubem Umeh

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As a Nigerian-American, I have a personal interest in understanding African financial markets—particularly those in West Africa, where local economic factors often differ significantly from continental trends.

This project will focus on volatility modeling and forecasting using real market data. The “West Africa Regime” component refers specifically to periods of heightened Nigerian Naira (NGN) volatility, which can be used as a proxy for broader West African macroeconomic uncertainty.

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