The aggregate of heating degree days (HDDs) and cooling degree days (CDDs). Companies at risk of extremes of high and low temperatures may use a weather derivative that pays outs on HDDs and CDDs.
The Rantings of the barely human.
The aggregate of heating degree days (HDDs) and cooling degree days (CDDs). Companies at risk of extremes of high and low temperatures may use a weather derivative that pays outs on HDDs and CDDs.