{"product_id":"financial-risk-management-a-simple-introduction-9781500349240","title":"Financial Risk Management: A Simple Introduction","description":"\u003cp\u003e • Author(s): K. H. Erickson\u003cbr\u003e • Publisher: Createspace Independent Publishing Platform\u003cbr\u003e • Publisher Imprint: Createspace Independent Publishing Platform\u003cbr\u003e • BISAC: Finance - Financial Risk Management\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eFinancial Risk Management: A Simple Introduction presents a detailed guide to some of the central ideas and tools of financial risk management, with theory, examples, formulas, and calculations to illustrate the analysis.\u003c\/p\u003e\u003cbr\u003e\u003cp\u003eCalculate leverage, duration, modified duration, and convexity to find the risk exposure and interest rate risk sensitivity of an asset. Understand bond immunization to manage risk, and assess non-vanilla bond risk using both effective duration and effective convexity.\u003c\/p\u003e\u003cbr\u003e\u003cp\u003eUse value at risk to forecast maximum losses over a period, with detailed step by step instructions provided to using the variance-covariance, historical simulation, and Monte Carlo methods. Learn how to perform autocorrelation and unit root tests to test the square root of time rule.\u003c\/p\u003e\u003cbr\u003e\u003cp\u003eConduct time-varying volatility analysis, using detailed steps to create an exponentially weighted moving average and then backtest it for robustness.\u003c\/p\u003e\u003cbr\u003e\u003cp\u003eApply financial risk management tools to the empirical 1994 bankruptcy of Orange County, California to determine if it could have been avoided, and assess a number of financial derivative hedge instruments.\u003c\/p\u003e","brand":"Createspace Independent Publishing Platform","offers":[{"title":"Paperback","offer_id":45498040058007,"sku":"9781500349240","price":1060.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781500349240.webp?v=1767155304","url":"https:\/\/atlanticbooks.com\/products\/financial-risk-management-a-simple-introduction-9781500349240","provider":"Atlantic Books","version":"1.0","type":"link"}