{"product_id":"statistics-of-financial-markets-exercises-and-solutions-9783642339288","title":"Statistics of Financial Markets: Exercises and Solutions","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003ePractice makes perfect. Therefore the best method of mastering models is working with them. \u003c\/p\u003e\u003cp\u003eThis book contains a large collection of exercises and solutions which will help explain the statistics of financial markets. These practical examples are carefully presented and provide computational solutions to specific problems, all of which are calculated using R and Matlab. This study additionally looks at the concept of corresponding Quantlets, the name given to these program codes and which follow the name scheme SFSxyz123. \u003c\/p\u003e\u003cp\u003eThe book is divided into three main parts, in which option pricing, time series analysis and advanced quantitative statistical techniques in finance is thoroughly discussed. The authors have overall successfully created the ideal balance between theoretical presentation and practical challenges.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eFrom the book reviews:\u003c\/p\u003e\u003cp\u003e“This edition in total presents 18 chapters, four pages of ‘Symbols and Notations,’ and another four and a half pages are devoted to providing definitions to commonly used terminology. … this book is a useful supplement for students, professionals, and practitioners in the area of financial statistics and related fields. … All the chapters of the book are carefully structured with natural flow. It is an interesting and useful collection of exercises, teaching theory by solving the related problems.” (Technometrics, Vol. 55 (2), May, 2013)\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003ePart I Option Pricing: \u003c\/b\u003eDerivatives.- Introduction to Option Management.- Basic Concepts of Probability Theory.- Stochastic Processes in Discrete Time.- Stochastic Integrals and Di\u003cbr\u003eerential Equations.- Black-Scholes Option Pricing Model.- Binomial Model for European Options.- American Options.- Models for the Interest Rate and Interest Rate Derivatives.-\u003cb\u003e Part II Statistical Model of Financial Time Series:\u003c\/b\u003e Financial Time Series Models.- ARIMA Time Series Models.- Time Series with Stochastic Volatility.- \u003cb\u003ePart III Selected Financial Applications: \u003c\/b\u003eValue at Risk and Backtesting.- Copulae and Value at Risk.- Statistics of Extreme Risks.- Volatility Risk of Option Portfolios.- Portfolio Credit Risk.- References.\u003cb\u003e\u003c\/b\u003e\u003c\/p\u003e","brand":"Springer-Verlag Berlin and Heidelberg GmbH \u0026 Co. KG","offers":[{"title":"Default Title","offer_id":51772042117463,"sku":"9783642339288","price":54.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9783642339288.jpg?v=1758730043","url":"https:\/\/bookcurl.com\/products\/statistics-of-financial-markets-exercises-and-solutions-9783642339288","provider":"Book Curl","version":"1.0","type":"link"}