You probably know that a correlation is the relationship between two sets of variables used to describe or predict information. Therefore, the correlation coefficient is the degree in which the change in a set of variables is related.
\[ \Delta G^o= -RT\ln K_{eq} = -nFE^o_{cell} \] âG: Gibbs Energy âG is the change of Gibbs (free) energy for a system and âGÂ° is the Gibbs energy change for a system under standard conditions (1 atm, 298K). On an energy diagram, âG can be represented as: Where âG is the difference in the energy between reactants and products. In addition âG is unaffected by external factors that change the kinetics of the reaction. For example if E a (activation energy) were to decrease in the presence of a catalyst or the kinetic energy of molecules increases due to a rise in temperature, the âG value would remain the same.
Mathematically, gamma is the first derivative of delta and is used when trying to gauge the price movement of an option, relative to the amount it is in or out of the money. When the option being measured is deep in or out of the money, gamma is small. When the option is near or at the money, gamma is at its largest.amma is an important measure of the convexity of a derivative's value, in relation to the underlying. In a delta-hedge strategy, gamma is sought to be reduced in order to maintain a hedge over a wider price range.