HJM Model
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HJM Model
HJM may refer to: * Heath–Jarrow–Morton framework, a financial model * Herzog–Jackson Motorsports, a NASCAR team * Higman-Janko-McKay group, in group theory * Hans-Joachim Marseille Hans-Joachim Marseille (; 13 December 1919 – 30 September 1942) was a German Luftwaffe fighter pilot and flying ace during World War II. He is noted for his aerial battles during the North African Campaign and his Bohemian lifestyle. One o ...
, German Fighter Ace {{disambiguation ...
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Heath–Jarrow–Morton Framework
The Heath–Jarrow–Morton (HJM) framework is a general framework to model the evolution of interest rate curves – instantaneous forward rate curves in particular (as opposed to simple forward rates). When the volatility and drift of the instantaneous forward rate are assumed to be deterministic, this is known as the Gaussian Heath–Jarrow–Morton (HJM) model of forward rates. For direct modeling of simple forward rates the Brace–Gatarek–Musiela model represents an example. The HJM framework originates from the work of David Heath, Robert A. Jarrow, and Andrew Morton in the late 1980s, especially ''Bond pricing and the term structure of interest rates: a new methodology'' (1987) – working paper, Cornell University, and ''Bond pricing and the term structure of interest rates: a new methodology'' (1989) – working paper (revised ed.), Cornell University. It has its critics, however, with Paul Wilmott describing it as "...actually just a big rug for istake ...
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Herzog–Jackson Motorsports
Herzog–Jackson Motorsports was a NASCAR Busch Series team based in Concord, North Carolina. Originating as Herzog Motorsports, the team was owned by Bill, Randy, and Stan Herzog. In its final year, the team was co-owned by former Oakland A's and New York Yankees player Reggie Jackson. The team is notable for fielding future NASCAR National Series champions Todd Bodine and Jimmie Johnson. SODA Herzog Motorsports started as an off-road racing team. The team won the 1998 SODA Pro-2 (rear wheel drive) championship with rookie driver Ricky Johnson, who won 6 of 16 events.Chevrolet 1998 Season Review
, December 8, 1998; motorsport.com; Retrieved February 15, 2008


NASCAR Busch Series

HJM debuted in 1999 as Herzog Motorsports with SODA and

Higman-Janko-McKay Group
In the area of modern algebra known as group theory, the Janko group ''J3'' or the Higman-Janko-McKay group ''HJM'' is a sporadic simple group of order :   273551719 = 50232960. History and properties ''J3'' is one of the 26 Sporadic groups and was predicted by Zvonimir Janko in 1969 as one of two new simple groups having 21+4:A5 as a centralizer of an involution (the other is the Janko group ''J2''). ''J3'' was shown to exist by . In 1982 R. L. Griess showed that ''J3'' cannot be a subquotient of the monster group. Thus it is one of the 6 sporadic groups called the pariahs. J3 has an outer automorphism group of order 2 and a Schur multiplier of order 3, and its triple cover has a unitary 9-dimensional representation over the finite field with 4 elements. constructed it via an underlying geometry. It has a modular representation of dimension eighteen over the finite field with 9 elements. It has a complex projective representation of dimension eightee ...
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