Download or read book Market Risk Analysis Value at Risk Models written by Carol Alexander and published by John Wiley & Sons. This book was released on 2009-02-09 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by leading market risk academic, Professor Carol Alexander, Value-at-Risk Models forms part four of the Market Risk Analysis four volume set. Building on the three previous volumes this book provides by far the most comprehensive, rigorous and detailed treatment of market VaR models. It rests on the basic knowledge of financial mathematics and statistics gained from Volume I, of factor models, principal component analysis, statistical models of volatility and correlation and copulas from Volume II and, from Volume III, knowledge of pricing and hedging financial instruments and of mapping portfolios of similar instruments to risk factors. A unifying characteristic of the series is the pedagogical approach to practical examples that are relevant to market risk analysis in practice. All 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 the accompanying CD-ROM . Empirical examples and case studies specific to this volume include: Parametric linear value at risk (VaR)models: normal, Student t and normal mixture and their expected tail loss (ETL); New formulae for VaR based on autocorrelated returns; Historical simulation VaR models: how to scale historical VaR and volatility adjusted historical VaR; Monte Carlo simulation VaR models based on multivariate normal and Student t distributions, and based on copulas; Examples and case studies of numerous applications to interest rate sensitive, equity, commodity and international portfolios; Decomposition of systematic VaR of large portfolios into standard alone and marginal VaR components; Backtesting and the assessment of risk model risk; Hypothetical factor push and historical stress tests, and stress testing based on VaR and ETL.
Download or read book Structural Changes and their Econometric Modeling written by Vladik Kreinovich and published by Springer. This book was released on 2018-11-24 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on structural changes and economic modeling. It presents papers describing how to model structural changes, as well as those introducing improvements to the existing before-structural-changes models, making it easier to later on combine these models with techniques describing structural changes. The book also includes related theoretical developments and practical applications of the resulting techniques to economic problems. Most traditional mathematical models of economic processes describe how the corresponding quantities change with time. However, in addition to such relatively smooth numerical changes, economical phenomena often undergo more drastic structural change. Describing such structural changes is not easy, but it is vital if we want to have a more adequate description of economic phenomena – and thus, more accurate and more reliable predictions and a better understanding on how best to influence the economic situation.
Download or read book Measuring Market Risk written by Kevin Dowd and published by John Wiley & Sons. This book was released on 2003-02-28 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most up-to-date resource on market risk methodologies Financial professionals in both the front and back office require an understanding of market risk and how to manage it. Measuring Market Risk provides this understanding with an overview of the most recent innovations in Value at Risk (VaR) and Expected Tail Loss (ETL) estimation. This book is filled with clear and accessible explanations of complex issues that arise in risk measuring-from parametric versus nonparametric estimation to incre-mental and component risks. Measuring Market Risk also includes accompanying software written in Matlab—allowing the reader to simulate and run the examples in the book.
Download or read book Mandan Hidatsa and Arikara Nation s Proposed Clean Fuels Refinery Projects written by and published by . This book was released on 2009 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cryptocurrencies Financial Technologies of the Future written by Ireneusz Miciuła and published by BoD – Books on Demand. This book was released on 2024-10-16 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Money is undoubtedly the fundamental element of the economy, and its history reflects the evolution of financial markets. Currently, we are witnessing significant technological advancements in payment methods, highlighting the potential benefits of introducing new means of economic exchange. Cryptocurrencies may emerge as a prominent form of payment in the future. Cryptocurrencies are an innovative and technologically advanced alternative to a fully globalized future. They represent a potential solution for processing payments across geographical borders. Additionally, if cryptocurrencies are effectively regulated through current adjustments, they will be able to help future generations navigate the complexities of financial transactions. Cryptocurrencies perform the same functions as traditional money, possessing attributes such as durability, divisibility, and originality. With social acceptance, they could become a legitimate means of exchange. Over the last decade or so, cryptocurrencies have gained popularity, and their importance in financial markets continues to grow. Their innovative nature has the potential to drive substantial changes and significantly impact the functioning of the global financial sector in the future. Cryptocurrencies – Financial Technologies of the Future provides knowledge, recommendations, and practical solutions to new challenges within the contemporary processes of globalization and international trade thanks to cryptocurrencies
Download or read book Bayesian Methods in Finance written by William Johnson and published by HiTeX Press. This book was released on 2024-10-16 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Bayesian Methods in Finance: Probabilistic Approaches to Market Uncertainty" offers an authoritative exploration of how Bayesian statistics can transform financial analysis into a more predictive and adaptive process. Within the rapidly evolving tapestry of global financial markets, the ability to quantify uncertainty and integrate diverse streams of information stands as a crucial advantage. This book expertly demystifies the intricate principles of Bayesian thinking, guiding readers through its application across a spectrum of financial contexts, from asset pricing to risk management and portfolio construction. Through a careful blend of theory and practical insights, it introduces the reader to Bayesian frameworks that eclipse traditional models in both flexibility and robustness, making them indispensable tools for modern investors and financial professionals. Readers will find a clear roadmap for navigating the complex landscape of market dynamics with the confidence that comes from sound, data-driven strategies. By integrating Bayesian approaches with machine learning, this text unlocks more nuanced analyses and predictive capabilities, catering to both novice learners and experienced market strategists. Rich with real-world case studies, each chapter not only illuminates techniques but also showcases their powerful applications in decision-making processes. Embark on a deep dive into the future of financial modeling, where the calculated embrace of uncertainty opens doors to innovative solutions and unparalleled insights.
Download or read book The Handbook of News Analytics in Finance written by Gautam Mitra and published by John Wiley & Sons. This book was released on 2011-07-13 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of News Analytics in Finance is a landmarkpublication bringing together the latest models and applications ofNews Analytics for asset pricing, portfolio construction, tradingand risk control. The content of the Hand Book is organised to provide arapid yet comprehensive understanding of this topic. Chapter 1 setsout an overview of News Analytics (NA) with an explanation of thetechnology and applications. The rest of the chapters are presentedin four parts. Part 1 contains an explanation of methods and modelswhich are used to measure and quantify news sentiment. In Part 2the relationship between news events and discovery of abnormalreturns (the elusive alpha) is discussed in detail by the leadingresearchers and industry experts. The material in this part alsocovers potential application of NA to trading and fund management.Part 3 covers the use of quantified news for the purpose ofmonitoring, early diagnostics and risk control. Part 4 is entirelyindustry focused; it contains insights of experts from leadingtechnology (content) vendors. It also contains a discussion oftechnologies and finally a compact directory of content vendor andfinancial analytics companies in the marketplace of NA. Thebook draws equally upon the expertise of academics andpractitioners who have developed these models and is supported bytwo major content vendors - RavenPack and Thomson Reuters - leadingproviders of news analytics software and machine readablenews. The book will appeal to decision makers in the banking, finance andinsurance services industry. In particular: asset managers;quantitative fund managers; hedge fund managers; algorithmictraders; proprietary (program) trading desks; sell-side firms;brokerage houses; risk managers and research departments willbenefit from the unique insights into this new and pertinent areaof financial modelling.
Download or read book An Introduction to Market Risk Measurement written by Kevin Dowd and published by John Wiley & Sons. This book was released on 2003-03-14 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes a CD-ROM that contains Excel workbooks and a Matlab manual and software. Covers the subject without advanced or exotic material.
Download or read book The Pancreas written by Markus W. Buchler and published by John Wiley & Sons. This book was released on 2023-09-25 with total page 1364 pages. Available in PDF, EPUB and Kindle. Book excerpt: The PANCREAS The newest edition of the essential guide to pancreatic medicine The fourth edition of The Pancreas: An Integrated Textbook of Basic Science, Medicine, and Surgery integrates the cutting-edge research of recent years to update its presentation of this fast-growing subject. It details every known disorder of the pancreas, grounding them in a thorough understanding of pancreatic function, enhanced with high quality illustration and graphs. It also includes step-by-step guidance for relevant endoscopic techniques and surgical procedures. The Pancreas readers will also find: New comprehensive insights into three pancreatic diseases: autoimmune pancreatitis, cystic neoplasms, and neuroendocrine tumors An editorial team with decades of clinical and research experience in the US, Europe, and Asia Over 500 downloadable illustrations for use in scientific presentations The Pancreas is a foundational reference for clinicians and researchers in gastroenterology and gastrointestinal surgery.
Download or read book The origin and establishment process of gut microbiota in early life written by Huixia Yang and published by Frontiers Media SA. This book was released on 2023-07-20 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Use of Risk Analysis and Cost benefit Analysis in Setting Environmental Priorities written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 1994 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Progress in Corrosion The First 50 Years of the EFC written by Paul McIntyre and published by CRC Press. This book was released on 2024-11-15 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on developments during the first fifty years of existence of the European Federation of Corrosion, and describes the contributions made by its working parties.
Download or read book Risk Analysis Foundations Models and Methods written by Louis Anthony Cox Jr. and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk Analysis: Foundations, Models, and Methods fully addresses the questions of "What is health risk analysis?" and "How can its potentialities be developed to be most valuable to public health decision-makers and other health risk managers?" Risk analysis provides methods and principles for answering these questions. It is divided into methods for assessing, communicating, and managing health risks. Risk assessment quantitatively estimates the health risks to individuals and to groups from hazardous exposures and from the decisions or activities that create them. It applies specialized models and methods to quantify likely exposures and their resulting health risks. Its goal is to produce information to improve decisions. It does this by relating alternative decisions to their probable consequences and by identifying those decisions that make preferred outcomes more likely. Health risk assessment draws on explicit engineering, biomathematical, and statistical consequence models to describe or simulate the causal relations between actions and their probable effects on health. Risk communication characterizes and presents information about health risks and uncertainties to decision-makers and stakeholders. Risk management applies principles for choosing among alternative decision alternatives or actions that affect exposure, health risks, or their consequences.
Download or read book Bioavailability of Contaminants in Soils and Sediments written by National Research Council and published by National Academies Press. This book was released on 2003-05-03 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bioavailability refers to the extent to which humans and ecological receptors are exposed to contaminants in soil or sediment. The concept of bioavailability has recently piqued the interest of the hazardous waste industry as an important consideration in deciding how much waste to clean up. The rationale is that if contaminants in soil and sediment are not bioavailable, then more contaminant mass can be left in place without creating additional risk. A new NRC report notes that the potential for the consideration of bioavailability to influence decision-making is greatest where certain chemical, environmental, and regulatory factors align. The current use of bioavailability in risk assessment and hazardous waste cleanup regulations is demystified, and acceptable tools and models for bioavailability assessment are discussed and ranked according to seven criteria. Finally, the intimate link between bioavailability and bioremediation is explored. The report concludes with suggestions for moving bioavailability forward in the regulatory arena for both soil and sediment cleanup.
Download or read book Futures Markets and Petroleum Supply written by Richard D. Farmer and published by . This book was released on 1986 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Beyond Eden written by Felipe Chavarro Polanía and published by Felipe chavarro Polanía. This book was released on 2024-03-13 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: **Discover the Future Where Faith Meets Superintelligence** In a world teetering on the brink of unparalleled technological advancement, "Beyond Eden: Ethics, Faith, and the Future of Superintelligent AI" emerges as a crucial guide for navigating the promises and perils of superintelligent artificial intelligence. This groundbreaking book invites you on a journey through the ethical, philosophical, and spiritual landscapes that AI is transforming at an unprecedented pace. **A Harmonious Blend of Faith and Reason** Crafted by a leading voice in Christian ethics in the AI landscape, this book serves as a beacon for Christians and the general public alike, offering deep insights into the intersection of faith and technology. It explores the profound questions raised by the development of superintelligent AI: from the risks of existential catastrophes to the potential for AI to redefine our understanding of consciousness, identity, and our place in the universe. **Navigating the Ethical Maze** With clarity and foresight, "Beyond Eden" delves into the alignment problem, presenting the challenges of ensuring that AI systems can safely and beneficially coexist with humans. It offers a comprehensive overview of technical approaches to AI alignment, governance, and policy considerations, ensuring that readers grasp the complexities of steering superintelligence towards outcomes that enhance human flourishing. **A Vision of Hope and Caution** The book does not shy away from worst-case scenarios, providing a sobering look at potential futures where AI goes awry. Yet, it balances this caution with optimism, showcasing the transformative potential of AI to solve global challenges and enrich human life, provided we approach its development with responsibility, inclusiveness, and moral integrity. **For the Faithful and the Curious** "Beyond Eden" bridges the gap between faith-based perspectives and secular ethical considerations, offering a multifaceted view of AI's impact on society. It invites believers to reflect on the moral dimensions of technology and encourages the broader public to consider the spiritual implications of creating entities that might one day surpass our own intelligence. **A Call to Action** This book is more than an exploration of future possibilities; it is a call to action for researchers, policymakers, ethicists, and the public to engage in ongoing dialogue about the direction of AI development. It underscores the need for a proactive approach to AI safety and alignment, urging all stakeholders to contribute to a future where superintelligent AI serves as a partner and guide for humanity's continued growth and well-being. Embark on this enlightening journey with "Beyond Eden: Ethics, Faith, and the Future of Superintelligent AI" and join the conversation on how we can navigate the coming age of superintelligence with wisdom, ethics, and faith at our side.
Download or read book Encyclopedia of Chemical Processing and Design written by JohnJ. McKettaJr and published by Routledge. This book was released on 2017-11-22 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: ""Written by engineers for engineers (with over 150 International Editorial Advisory Board members),this highly lauded resource provides up-to-the-minute information on the chemical processes, methods, practices, products, and standards in the chemical, and related, industries.
