مقایسهٔ روش‌ها

	مدل هال-وایت	SABR Model
حوزه	مالی کمّی	مالی کمّی
خانواده	Regression model	Regression model
سال پیدایش	1990	2002
پدیدآور	John C. Hull and Alan White	Patrick S. Hagan
نوع	Interest Rate Model	Interest Rate Model
منبع بنیادین	Hull, J., & White, A. (1990). Pricing interest-rate-derivative securities. Review of Financial Studies, 3(4), 573-592.	Hagan, P. S., Kumar, D., Lesniewski, A. S., & Woodward, D. E. (2002). Managing smile risk. Wilmott Magazine, 1, 84-108.
نام‌های دیگر	Extended Vasicek, Generalized Vasicek	Stochastic Volatility Model
مرتبط	4	4
خلاصه	The Hull-White model (1990) is a one-factor short-rate model with time-dependent mean reversion and volatility, designed to fit the initial yield curve exactly. It generalizes the Vasicek model to allow better calibration to observed bond and derivative prices, and is widely used for pricing interest rate exotics and managing interest rate risk.	The SABR (Stochastic Alpha-Beta-Rho) model is a stochastic volatility framework introduced by Hagan et al. in 2002 for valuing interest rate derivatives. It captures the smile effect in implied volatility through correlated Brownian motions and has become industry standard for swaption and caplet pricing.