{"product_id":"market-risk-analysis-quantitative-methods-in-finance-with-cdrom-9780470998007","title":"Market Risk Analysis, Quantitative Methods in Finance [With CDROM]","description":"\u003cp\u003e • Author(s): Carol Alexander\u003cbr\u003e • Publisher: Wiley\u003cbr\u003e • Publisher Imprint: Wiley\u003cbr\u003e • BISAC: Finance - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eWritten by leading market risk academic, Professor Carol Alexander, \u003ci\u003eQuantitative Methods in Finance\u003c\/i\u003e forms part one of the \u003ci\u003eMarket Risk Analysis\u003c\/i\u003e four volume set. Starting from the basics, this book helps readers to take the first step towards becoming a properly qualified financial risk manager and asset manager, roles that are currently in huge demand. Accessible to intelligent readers with a moderate understanding of mathematics at high school level or to anyone with a university degree in mathematics, physics or engineering, no prior knowledge of finance is necessary. Instead the emphasis is on understanding ideas rather than on mathematical rigour, meaning that this book offers a fast-track introduction to financial analysis for readers with some quantitative background, highlighting those areas of mathematics that are particularly relevant to solving problems in financial risk management and asset management. Unique to this book is a focus on both continuous and discrete time finance so that Quantitative Methods in Finance is not only about the application of mathematics to finance; it also explains, in very pedagogical terms, how the continuous time and discrete time finance disciplines meet, providing a comprehensive, highly accessible guide which will provide readers with the tools to start applying their knowledge immediately.\u003c\/p\u003e \u003cp\u003eAll together, the Market Risk Analysis four volume set illustrates virtually every concept or formula with a practical, numerical example or a longer, empirical case study. Across all four volumes there are approximately 300 numerical and empirical examples, 400 graphs and figures and 30 case studies many of which are contained in interactive Excel spreadsheets available from the accompanying CD-ROM. Empirical examples and case studies specific to this volume include: \u003c\/p\u003e \u003cul\u003e \u003cli\u003ePrincipal component analysis of European equity indices;\u003c\/li\u003e \u003cli\u003eCalibration of Student t distribution by maximum likelihood;\u003c\/li\u003e \u003cli\u003eOrthogonal regression and estimation of equity factor models;\u003c\/li\u003e \u003cli\u003eSimulations of geometric Brownian motion, and of correlated Student t variables;\u003c\/li\u003e \u003cli\u003ePricing European and American options with binomial trees, and European options with the Black-Scholes-Merton formula;\u003c\/li\u003e \u003cli\u003eCubic spline fitting of yields curves and implied volatilities;\u003c\/li\u003e \u003cli\u003eSolution of Markowitz problem with no short sales and other constraints;\u003c\/li\u003e \u003cli\u003eCalculation of risk adjusted performance metrics including generalised Sharpe ratio, omega and kappa indices.\u003c\/li\u003e \u003c\/ul\u003e","brand":"Wiley","offers":[{"title":"Hardcover","offer_id":45029335793815,"sku":"9780470998007","price":5463.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780470998007.webp?v=1769203707","url":"https:\/\/atlanticbooks.com\/products\/market-risk-analysis-quantitative-methods-in-finance-with-cdrom-9780470998007","provider":"Atlantic Books","version":"1.0","type":"link"}