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rho

 
() pronunciation
n.
The 17th letter of the Greek alphabet.

[Greek rhō, of Phoenician origin.]


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Variant: ρ

The symbol customarily used for the population correlation coefficient.



The rate at which the price of a derivative changes relative to a change in the risk-free rate of interest. Rho measures the sensitivity of an option or options portfolio to a change in interest rate.

Investopedia Says:
For example, if an option or options portfolio has a rho of 12.124, then for every percentage-point increase in interest rates, the value of the option increases 12.124%.

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Learn how analyzing these variables are crucial to knowing when to exercise early. Dividends, Interest Rates And Their Effect On Stock Options



symbol: ρ (lower case) or Ρ (upper case); the seventeenth letter of the Greek alphabet. For uses see Greek alphabet. See also rho protein, Rho protein.

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Rho uc lc.svg
Greek alphabet
Αα Alpha Νν Nu
Ββ Beta Ξξ Xi
Γγ Gamma Οο Omicron
Δδ Delta Ππ Pi
Εε Epsilon Ρρ Rho
Ζζ Zeta Σσς Sigma
Ηη Eta Ττ Tau
Θθ Theta Υυ Upsilon
Ιι Iota Φφ Phi
Κκ Kappa Χχ Chi
Λλ Lambda Ψψ Psi
Μμ Mu Ωω Omega
History
Archaic local variants
Digamma · Heta · San · Koppa · Sampi  · Tsan
Ligatures (ϛ, ȣ, ϗ) · Diacritics
Numerals: Greek letter Stigma.svg (6) · Greek Koppa lamedh-shaped.svg (90) · Sampi.svg (900)
In other languages
Bactrian  · Coptic  · Albanian
Scientific symbols

Wikipedia book Book  · Category Category · Commons-logo.svg Commons

Rho (uppercase Ρ, lowercase ρ or ϱ; pronounced /ˈroʊ/) is the 17th letter of the Greek alphabet. In the system of Greek numerals, it has a value of 100. It is derived from Semitic resh "head". Its uppercase form is not to be confused with the Latin letter P, although both are typeset using the same glyph.

Contents

Uses

The Greek alphabet on a black figure vessel, with an R-shaped rho.

Greek

Rho is classed as a liquid consonant (together with lambda and sometimes the nasals mu and nu), which has important implications for morphology. In both Ancient and Modern Greek, it represents a trilled or tapped r.

In polytonic orthography a rho at the beginning of a word is written with a rough breathing (equivalent to h) — rh — and a double rho within a word is written with a smooth breathing over the first rho and a rough breathing over the second — ῤῥ rrh — apparently reflecting an aspirated or voiceless pronunciation in Ancient Greek, hence the various Greek-derived English words which start with rh or contain rrh.

The name of the letter is written in Greek as ῥῶ (polytonic) or ρω/ρο (monotonic).

Other alphabets

Letters that arose from rho include Roman R and Cyrillic Er (Р).

Maths and science

The characters Ρ, ρ and ϱ are also used outside its Greek alphabetical context in science and mathematics.

  • In economics to represent the discount rate of future pence cash flows
  • In molecular biology to represent the Rho protein responsible for termination of RNA synthesis. In such occasions, it is often represented as ϱ ("rho symbol" U+03F1), to avoid confusion with the Latin letter p
  • In ecology to represent the population damping ratio where ρ = λ1 / |λ2|.

Chi Rho

The letter rho overlaid with chi forms the Chi Rho symbol, used to represent Jesus Christ.

Rhodes Scholars

Former Rhodes Scholars are entitled to use the Greek letter rho as a designation of their status. When used, the symbol should precede the name.[1]

Unicode

description character Unicode HTML
GREEK
LETTER
RHO
Ρ U+03A1 Ρ
ρ U+03C1 ρ
GREEK
RHO SYMBOL
ϱ U+03F1 ϱ
GREEK
RHO WITH STROKE
SYMBOL
ϼ U+03FC ϼ
GREEK LETTER
SMALL CAPITAL
RHO
U+1D29 ᴩ
GREEK SUBSCRIPT
SMALL LETTER
RHO
◌ᵨ U+1D68 ᵨ
GREEK
LETTER RHO
WITH DASIA
U+1FEC Ῥ
U+1FE5 ῥ
GREEK
SMALL LETTER RHO
WITH PSILI
U+1FE4 ῤ
APL
FUNCTIONAL SYMBOL
RHO
U+2374 ⍴
CHI RHO U+2627 ☧

See also

References

  1. ^ "Oxford University Calendar: Notes on Style". Oxford University Gazette. 2011-03-03. http://www.ox.ac.uk/media/global/wwwoxacuk/localsites/gazette/documents/universitycalendar/style--current_for_2011.pdf. Retrieved 2011-09-08. 

 
 
Related topics:
Spearman rank correlation coefficient
Chi-Rho (monogram and symbol for Christ)
chrismon

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Copyrights:

American Heritage Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.  Read more
Oxford Dictionary of Statistics. A Dictionary of Statistics. Second edition revised. Copyright © Oxford University Press, 2008. All rights reserved.  Read more
Investopedia Financial Dictionary. Copyright ©2010, Investopedia.com - Owned and Operated by Investopedia US, A Division of ValueClick, Inc. All rights reserved.  Read more
 Oxford Dictionary of Biochemistry. Oxford University Press. Oxford Dictionary of Biochemistry and Molecular Biology © 1997, 2000, 2006 All rights reserved.  Read more
 Rhymes. Oxford University Press. © 2006, 2007 All rights reserved.  Read more
Wikipedia on Answers.com. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article Rho Read more

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