Statistics for Finance

Nonfiction, Science & Nature, Mathematics, Statistics, Business & Finance, Finance & Investing, Finance
Cover of the book Statistics for Finance by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen, CRC Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen ISBN: 9781315360218
Publisher: CRC Press Publication: September 3, 2018
Imprint: Chapman and Hall/CRC Language: English
Author: Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
ISBN: 9781315360218
Publisher: CRC Press
Publication: September 3, 2018
Imprint: Chapman and Hall/CRC
Language: English

Statistics for Finance develops students’ professional skills in statistics with applications in finance. Developed from the authors’ courses at the Technical University of Denmark and Lund University, the text bridges the gap between classical, rigorous treatments of financial mathematics that rarely connect concepts to data and books on econometrics and time series analysis that do not cover specific problems related to option valuation.

The book discusses applications of financial derivatives pertaining to risk assessment and elimination. The authors cover various statistical and mathematical techniques, including linear and nonlinear time series analysis, stochastic calculus models, stochastic differential equations, Itō’s formula, the Black–Scholes model, the generalized method-of-moments, and the Kalman filter. They explain how these tools are used to price financial derivatives, identify interest rate models, value bonds, estimate parameters, and much more.

This textbook will help students understand and manage empirical research in financial engineering. It includes examples of how the statistical tools can be used to improve value-at-risk calculations and other issues. In addition, end-of-chapter exercises develop students’ financial reasoning skills.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Statistics for Finance develops students’ professional skills in statistics with applications in finance. Developed from the authors’ courses at the Technical University of Denmark and Lund University, the text bridges the gap between classical, rigorous treatments of financial mathematics that rarely connect concepts to data and books on econometrics and time series analysis that do not cover specific problems related to option valuation.

The book discusses applications of financial derivatives pertaining to risk assessment and elimination. The authors cover various statistical and mathematical techniques, including linear and nonlinear time series analysis, stochastic calculus models, stochastic differential equations, Itō’s formula, the Black–Scholes model, the generalized method-of-moments, and the Kalman filter. They explain how these tools are used to price financial derivatives, identify interest rate models, value bonds, estimate parameters, and much more.

This textbook will help students understand and manage empirical research in financial engineering. It includes examples of how the statistical tools can be used to improve value-at-risk calculations and other issues. In addition, end-of-chapter exercises develop students’ financial reasoning skills.

More books from CRC Press

Cover of the book Agile for Project Managers by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Immunodiagnosis of Cancer by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Multimedia Image and Video Processing by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Stochastic Communities by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Principles of Colloid and Surface Chemistry, Revised and Expanded by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Biomolecular Kinetics by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Introduction to Optical Components by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Delhi's Changing Built Environment by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Mechatronic Systems, Sensors, and Actuators by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Vernacular and Earthen Architecture: Conservation and Sustainability by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Handbook of Charged Particle Optics by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Traumatic Brain Injury by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book CRC Standard Mathematical Tables and Formulas by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Modern Digital Halftoning by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
Cover of the book Fitting the Human by Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy