Download or read book Managing Downside Risk in Financial Markets written by Frank A. Sortino and published by Butterworth-Heinemann. This book was released on 2001-10-02 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantitative methods have revolutionized the area of trading, regulation, risk management, portfolio construction, asset pricing and treasury activities, and governmental activity such as central banking to name but some of the applications. Downside-risk, as a quantitative method, is an accurate measurement of investment risk, because it captures the risk of not accomplishing the investor's goal. 'Downside Risk in Financial Markets' demonstrates how downside-risk can produce better results in performance measurement and asset allocation than variance modelling. Theory, as well as the practical issues involved in its implementation, is covered and the arguments put forward emphatically show the superiority of downside risk models to variance models in terms of risk measurement and decision making. Variance considers all uncertainty to be risky. Downside-risk only considers returns below that needed to accomplish the investor's goal, to be risky. Risk is one of the biggest issues facing the financial markets today. 'Downside Risk in Financial Markets' outlines the major issues for Investment Managers and focuses on "downside-risk" as a key activity in managing risk in investment/portfolio management. Managing risk is now THE paramount topic within the financial sector and recurring losses through the 1990s has shocked financial institutions into placing much greater emphasis on risk management and control. Free Software Enclosed To help you implement the knowledge you will gain from reading this book, a CD is enclosed that contains free software programs that were previously only available to institutional investors under special licensing agreement to The pension Research Institute. This is our contribution to the advancement of professionalism in portfolio management. The Forsey-Sortino model is an executable program that: 1. Runs on any PC without the need of any additional software. 2. Uses the bootstrap procedure developed by Dr. Bradley Effron at Stanford University to uncover what could have happened, instead of relying only on what did happen in the past. This is the best procedure we know of for describing the nature of uncertainty in financial markets. 3. Fits a three parameter lognormal distribution to the bootstrapped data to allow downside risk to be calculated from a continuous distribution. This improves the efficacy of the downside risk estimates. 4. Calculates upside potential and downside risk from monthly returns on any portfolio manager. 5. Calculates upside potential and downside risk from any user defined distribution. Forsey-Sortino Source Code: 1. The source code, written in Visual Basic 5.0, is provided for institutional investors who want to add these calculations to their existing financial services. 2. No royalties are required for this source code, providing institutions inform clients of the source of these calculations. A growing number of services are now calculating downside risk in a manner that we are not comfortable with. Therefore, we want investors to know when downside risk and upside potential are calculated in accordance with the methodology described in this book. Riddles Spreadsheet: 1. Neil Riddles, former Senior Vice President and Director of Performance Analysis at Templeton Global Advisors, now COO at Hansberger Global Advisors Inc., offers a free spreadsheet in excel format. 2. The spreadsheet calculates downside risk and upside potential relative to the returns on an index Brings together a range of relevant material, not currently available in a single volume source. Provides practical information on how financial organisations can use downside risk techniques and technological developments to effectively manage risk in their portfolio management. Provides a rigorous theoretical underpinning for the use of downside risk techniques. This is important for the long-run acceptance of the methodology, since such arguments justify consultant's recommendations to pension funds and other plan sponsors.

Download or read book The Downside of Being Up written by Alan Sitomer and published by Penguin. This book was released on 2011-09-15 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirteen-year-old Bobby Connor is a normal adolescent boy--at least he hopes he is--just trying to survive middle school. But it seems he's being foiled at every turn, and even his own body is conspiring against him. And when his math teacher is seriously injured from the shock and fright of witnessing just how out of control Bobby's changing adolescent body is getting, he starts to worry he's anything but normal. Faced with expulsion from school for violating the student handbook code, Bobby opts for therapy--Correctional Erectional Therapy. It's official: Bobby Connor is not normal. But in this uproarious and heartfelt novel, he's going to do his darndest to make it seem that he is . . . or maybe just try to make it through middle school.

Download or read book Downsiders written by Neal Shusterman and published by Simon and Schuster. This book was released on 2012-02-21 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beneath the sewer grates and manholes of the city lies a strange and secret world called the Downside. Every Downsider knows that it's forbidden to go Topside, and most fear a collision of the two worlds. But fourteen-year-old Talon is curious about what goes on above ground, and one day he ventures out in search of medicine for his ailing sister. There he meets Lindsay, who is as curious about Talon's world as he is about hers. When Lindsay visits the Downside for the first time, she marvels at the spirit of the Downsiders, and the way they create works of art from topside "trash," like old subway tokens and forgotten earrings. As awed as she is by the Downside, however, she also questions its origins, and when she finds out that this fantastic world is not all it appears to be, she is determined to tell Talon the truth. Then a construction accident threatens to crush Talon's world, and his loyalty is put to the test. Can the truth save the Downside, or will it destroy an entire civilization? Neal Shusterman takes readers on an amazing journey into a place that's only a few steps away, yet beyond their wildest dreams.

Download or read book Preparing for the Worst written by Hrishikesh (Rick) D. Vinod and published by John Wiley & Sons. This book was released on 2004-11-11 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely approach to downside risk and its role in stock market investments When dealing with the topic of risk analysis, most books on investments treat downside and upside risk equally. Preparing for the Worst takes an entirely novel approach by focusing on downside risk and explaining how to incorporate it into investment decisions. Highlighting this asymmetry of the stock market, the authors describe how existing theories miss the downside and follow with explanations of how it can be included. Various techniques for calculating downside risk are demonstrated. This book presents the latest ideas in the field from the ground up, making the discussion accessible to mathematicians and statisticians interested in applications in finance, as well as to finance professionals who may not have a mathematical background. An invaluable resource for anyone wishing to explore the critical issues of finance, portfolio management, and securities pricing, this book: Incorporates Value at Risk into the theoretical discussion Uses many examples to illustrate downside risk in U.S., international, and emerging market investments Addresses downside risk arising from fraud and corruption Includes step-by-step instructions on how to implement the methods introduced in this book Offers advice on how to avoid pitfalls in calculations and computer programming Provides software use information and tips

Download or read book The Downside Review written by and published by . This book was released on 1902 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Dark Side 3 written by Fernanda Sauerbronn and published by Routledge. This book was released on 2017-07-28 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This third collection of outstanding contributions from the Critical Management Studies (CMS) Division of the Academy of Management (AOM) continues to challenge business practice in ways not tackled by other more typical business case studies. There is a critical need for business educators to expose students and managers to the multifaceted phenomena of doing business in the twenty-first century; to support critical, reflective moral development; and to reflect and understand the complexities of organizational life. Is the system broken? Is there need for more systemic change? The cases explore a number of critical issues at some of the largest industries and companies in the world, including wealth creation and human rights in mining, the CSR approaches at Coca-Cola, the palm oil industry, and the supply chain at Apple Inc. Online Teaching Notes to accompany each chapter are available on request with the purchase of the book.

Download or read book Downside Up written by Richard Scrimger and published by Tundra Books. This book was released on 2016-09-13 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fred is a sixth-grader reeling from the loss of his beloved dog, Casey. Every day he walks home from school bouncing Casey's old worn-out tennis ball. One day, the ball falls down a sewer grate, and Fred can't bear to leave it down there. He pries open the grate and stumbles down. Through the sewer, Fred enters a parallel universe: Casey is alive, his mom and sister are happier, and there's a version of Fred who's happier too. Spending time with Casey, Fred feels joy for the first time since his dog's death, but he slowly realizes that the loss of Casey is masking an even greater loss: the death of Fred's father. Fred brings his sister, Izzy, to this upside-down world of lost things in the hope of finding their father and bringing him back. Can everything that is lost be found again?

Download or read book The Downside of Love written by Meghan Quinn and published by Createspace Independent Publishing Platform. This book was released on 2018-06-21 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This isn't a story about a love triangle. There is no triangle involved. This isn't a story about an accidental pregnancy. Although having a baby with her . . . I would. This isn't a story about lies and deception, even though at times I've lied to myself. No, this is my story. A story about sacrifice. A story about a man who fell in love with the wrong girl. A story I wish I never had to tell. This is a story about the true meaning of the downside of love.

Download or read book Upside Downside written by Ron Dembo and published by Doubleday Canada. This book was released on 2006 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Ron Dembo, advisor to leading banks and hedge funds, and Daniel Stoffman, co-author of the revolutionary bestseller Boom, Bust and Echo, Upside, Downside is an accessible guide to the biggest danger facing investors in an increasingly uncertain world: financial risk. As a generation of investors knows, financial markets are vulnerable to events – from terrorist attacks to epidemics – that are guaranteed to occur, yet impossible to predict. As markets become more complex and intertwined, investors feel increasingly unsure: how can you safeguard your financial prospects when you can’t know what the future will look like? Upside, Downside is a toolbox to protect yourself from financial risk. Co-authored by a leading financial journalist and a pioneer in the field of risk management who advises the world’s major banks, it gives investors access for the first time to the most advanced risk management strategies available, distilled into three simple rules for managing risk. These rules – Knowing What You Own, Using Multiple Scenarios, and Anticipating Regret – will allow you to take control of your financial future. You can’t banish all the dangers of the world, but Upside, Downside will give you the skills to manage them.

Download or read book Downside Ghosts 6 Downside Ghosts Book 6 written by Stacia Kane and published by HarperCollins UK. This book was released on 2014-07-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Book six in the Downside Ghosts series.

Download or read book The Upside of Your Dark Side written by Todd B. Kashdan and published by Penguin. This book was released on 2015-09-01 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audible Best Seller of 2017 Inc. 11 Great Business Books New York Magazine Best Psychology Books LinkedIn's 12 Books on Leadership to Read Two mavericks in the field of positive psychology deliver a timely message Happiness experts have long told us to tune out our negative emotions and focus instead on mindfulness, positivity, and optimism. Researchers Todd Kashdan, Ph.D., and Robert Biswas-Diener, Dr. Philos., disagree. Positive emotions alone are not enough. Anger makes us creative, selfishness makes us brave, and guilt is a powerful motivator. The real key to success lies in emotional agility. Drawing upon extensive scientific research and a wide array of real-life examples, The Upside of Your Dark Side will be embraced by business leaders, parents, and everyone else who’s ready to put their entire psychological tool kit to work.

Download or read book The Downside of Being Charlie written by Jenny Torres Sanchez and published by Running Press Kids. This book was released on 2012-05-22 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Charlie is handed a crappy senior year. Despite losing thirty pounds over the summer, he still gets called "Chunks" Grisner. What's worse, he has to share a locker with the biggest Lord of the Rings freak his school has ever seen. He also can't figure out whether Charlotte VanderKleaton, the beautiful strawberry lip-glossed new girl, likes him the way he likes her. Oh, and then there's his mom. She's disappeared -- again -- and his dad won't talk about it. Somewhere between the madness, Charlie can at least find comfort in his one and only talent that just might get him out of this life-sucking place. But will he be able to hold his head above water in the meantime?

Download or read book City of Ghosts written by Stacia Kane and published by Del Rey. This book was released on 2010-07-27 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: IT’S A THIN LINE BETWEEN ALIVE AND UNDEAD. Chess Putnam has a lot on her plate. Mangled human corpses have started to show up on the streets of Downside, and Chess’s bosses at the Church of Real Truth have ordered her to team up with the ultra-powerful Black Squad agency to crack the grisly case. Chess is under a binding spell that threatens death if she talks about the investigation, but the city’s most notorious crime boss—and Chess’s drug dealer—gets wind of her new assignment and insists on being kept informed. If that isn’t bad enough, a sinister street vendor appears to have information Chess needs. Only he’s not telling what he knows, or what it all has to do with the vast underground City of Eternity. Now Chess will have to navigate killer wraiths, First Elders, and a lot of seriously nasty magic—all while coping with some not-so-small issues of her own. And the only man Chess can trust to help her through it all has every reason to want her dead.

Download or read book Machine Learning Applications for Accounting Disclosure and Fraud Detection written by Papadakis, Stylianos and published by IGI Global. This book was released on 2020-10-02 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: The prediction of the valuation of the “quality” of firm accounting disclosure is an emerging economic problem that has not been adequately analyzed in the relevant economic literature. While there are a plethora of machine learning methods and algorithms that have been implemented in recent years in the field of economics that aim at creating predictive models for detecting business failure, only a small amount of literature is provided towards the prediction of the “actual” financial performance of the business activity. Machine Learning Applications for Accounting Disclosure and Fraud Detection is a crucial reference work that uses machine learning techniques in accounting disclosure and identifies methodological aspects revealing the deployment of fraudulent behavior and fraud detection in the corporate environment. The book applies machine learning models to identify “quality” characteristics in corporate accounting disclosure, proposing specific tools for detecting core business fraud characteristics. Covering topics that include data mining; fraud governance, detection, and prevention; and internal auditing, this book is essential for accountants, auditors, managers, fraud detection experts, forensic accountants, financial accountants, IT specialists, corporate finance experts, business analysts, academicians, researchers, and students.

Download or read book Know Your Chances written by Steven Woloshin and published by Univ of California Press. This book was released on 2008-11-30 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding risk -- Putting risk in perspective -- Risk charts : a way to get perspective -- Judging the benefit of a health intervention -- Not all benefits are equal : understand the outcome -- Consider the downsides -- Do the benefits outweight the downsides? -- Beware of exaggerated importance -- Beware of exaggerated certainty -- Who's behind the numbers?

Download or read book The Buddha Pill written by Miguel Farias and published by Watkins Media Limited. This book was released on 2019-02-19 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Millions of people meditate daily but can meditative practices really make us ‘better’ people? In The Buddha Pill, pioneering psychologists Dr Miguel Farias and Catherine Wikholm put meditation and mindfulness under the microscope. Separating fact from fiction, they reveal what scientific research – including their groundbreaking study on yoga and meditation with prisoners – tells us about the benefits and limitations of these techniques for improving our lives. As well as illuminating the potential, the authors argue that these practices may have unexpected consequences, and that peace and happiness may not always be the end result. Offering a compelling examination of research on transcendental meditation to recent brain-imaging studies on the effects of mindfulness and yoga, and with fascinating contributions from spiritual teachers and therapists, Farias and Wikholm weave together a unique story about the science and the delusions of personal change.

Download or read book Downside Abbey written by Dominic Aidan Bellenger and published by . This book was released on 2011 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Described by Sir Nikolaus Pevsner as ‘the most splendid demonstration of the renaissance of Roman Catholicism in England’, the Neo-Gothic church at Downside Abbey, Somerset, was built between the 1880s and the 1930s under the direction of some of the country’s most renowned ecclesiastical architects. This elegant new book reviews the history and construction of this magnificent building, designed to rival the scale of England’s great medieval Gothic cathedrals. Contributions by distinguished architectural historians explore, among other subjects,Thomas Garner’s majestic choir, Sir Giles Gilbert Scott’s soaring nave and the exquisitely redesigned Lady chapel of Sir Ninian Comper. Generously illustrated throughout with drawings, plans, archival photography and dramatic new images by Paul Barker, one of the UK’s pre-eminent architectural photographers, Downside Abbey is an absorbing account of a remarkable place of worship.