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Table 8 The polynomial basis whose standard deviation is the lowest at 50.000 simulated paths

From: Complex derivatives valuation: applying the Least-Squares Monte Carlo Simulation Method with several polynomial basis

PUT

Strike

Case 1

Case 2

Case 3

Case 4

95

Power

Power

Legendre

Laguerre

100

Hermite A

Hermite A

Hermite A

Legendre

105

Hermite A

Hermite A

Legendre

Hermite A

CALL

Strike

Case 1

Case 2

Case 3

Case 4

95

Power

Hermite A

Power

Legendre

100

Power

Power

Power

Legendre

105

Legendre

Hermite A

Legendre

Hermite A