Steve Bell 
Quantitative Finance For Dummies [PDF ebook] 

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An accessible introduction to quantitative finance by the numbers–for students, professionals, and personal investors
The world of quantitative finance is complex, and sometimes even high-level financial experts have difficulty grasping it. Quantitative Finance For Dummies offers plain-English guidance on making sense of applying mathematics to investing decisions. With this complete guide, you’ll gain a solid understanding of futures, options and risk, and become familiar with the most popular equations, methods, formulas, and models (such as the Black-Scholes model) that are applied in quantitative finance.
Also known as mathematical finance, quantitative finance is about applying mathematics and probability to financial markets, and involves using mathematical models to help make investing decisions. It’s a highly technical discipline–but almost all investment companies and hedge funds use quantitative methods.
The book breaks down the subject of quantitative finance into easily digestible parts, making it approachable for personal investors, finance students, and professionals working in the financial sector–especially in banking or hedge funds who are interested in what their quant (quantitative finance professional) colleagues are up to. This user-friendly guide will help you even if you have no previous experience of quantitative finance or even of the world of finance itself.
With the help of Quantitative Finance For Dummies, you’ll learn the mathematical skills necessary for success with quantitative finance and tips for enhancing your career in quantitative finance.
Get your own copy of this handy reference guide and discover:
* An easy-to-follow introduction to the complex world of quantitative finance
* The core models, formulas, and methods used in quantitative finance
* Exercises to help augment your understanding of QF
* How QF methods are used to define the current market value of a derivative security
* Real-world examples that relate quantitative finance to your day-to-day job
* Mathematics necessary for success in investment and quantitative finance
* Portfolio and risk management applications
* Basic derivatives pricing
Whether you’re an aspiring quant, a top-tier personal investor, or a student, Quantitative Finance For Dummies is your go-to guide for coming to grips with QF/risk management.

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Inhaltsverzeichnis

Introduction 1
Part 1: Getting Started with Quantitative Finance 5
CHAPTER 1: Quantitative Finance Unveiled 7
CHAPTER? 2: Understanding Probability and? Statistics 27
CHAPTER? 3: Taking a Look at Random Behaviours 45
Part 2: Tackling Financial Instruments 65
CHAPTER? 4: Sizing Up Interest Rates, Shares and? Bonds 67
CHAPTER? 5: Exploring Options 85
CHAPTER? 6: Trading Risk with Futures 99
Part 3: Investigating and Describing Market Behaviour 119
CHAPTER? 7: Reading the Market’s Mood: Volatility 121
CHAPTER? 8: Analysing All the Data 139
CHAPTER? 9: Analysing Data Matrices: Principal Components 159
Part 4: Option Pricing 183
CHAPTER? 10: Examining the Binomial and Black-Scholes Pricing Models 185
CHAPTER? 11: Using the Greeks in the Black-Scholes Model 209
CHAPTER? 12: Gauging Interest-Rate Derivatives 223
Part 5: Risk and Portfolio Management 239
CHAPTER? 13: Managing Market Risk 241
CHAPTER? 14: Comprehending Portfolio Theory 257
CHAPTER? 15: Measuring Potential Losses: Value at? Risk (Va R) 275
Part 6: Market Trading and Strategy 291
CHAPTER? 16: Forecasting Markets 293
CHAPTER? 17: Fitting Models to Data . 313
CHAPTER? 18: Markets in Practice 329
Part 7: The Part of Tens 345
CHAPTER? 19: Ten Key Ideas of Quantitative Finance 347
CHAPTER? 20: Ten Ways to Ace Your Career in Quantitative Finance 355
Glossary 361
Index 369

Über den Autor

Steve Bell is a Quantitative Investment Researcher and Director at Research In Action. A highly experienced mathematical and statistical modeller, he is knowledgeable in energy markets and has a particular interest in systematic quantitative trading strategy development at any frequency.

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Sprache Englisch ● Format PDF ● Seiten 408 ● ISBN 9781118769423 ● Dateigröße 13.5 MB ● Verlag John Wiley & Sons ● Erscheinungsjahr 2016 ● Ausgabe 1 ● herunterladbar 24 Monate ● Währung EUR ● ID 4908602 ● Kopierschutz Adobe DRM
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