Statistics of Financial Markets : An Introduction

Resource Information

The work Statistics of Financial Markets : An Introduction represents a distinct intellectual or artistic creation found in European University Institute. This resource is a combination of several types including: Work, Language Material, Books.

Label

Statistics of Financial Markets : An Introduction

Title remainder

An Introduction

Statement of responsibility

by Jürgen Franke, Wolfgang Karl Härdle, Christian Matthias Hafner

Creator

• Franke, Jürgen

Contributor

• Hafner, Christian Matthias
• Härdle, Wolfgang Karl

Author

• Härdle, Wolfgang Karl
• Hafner, Christian Matthias

Subject

• Macroeconomics
• Risk management
• Statistics
• Econometrics
• Finance
• Financial engineering

Language

eng

Summary

Now in its fifth edition, this book offers a detailed yet concise introduction to the growing field of statistical applications in finance. The reader will learn the basic methods for evaluating option contracts, analyzing financial time series, selecting portfolios and managing risks based on realistic assumptions about market behavior. The focus is both on the fundamentals of mathematical finance and financial time series analysis, and on applications to specific problems concerning financial markets, thus making the book the ideal basis for lectures, seminars and crash courses on the topic. All numerical calculations are transparent and reproducible using quantlets. For this new edition the book has been updated and extensively revised and now includes several new aspects such as neural networks, deep learning, and crypto-currencies. Both R and Matlab code, together with the data, can be downloaded from the book’s product page and the Quantlet platform. The Quantlet platform quantlet.de, quantlet.com, quantlet.org is an integrated QuantNet environment consisting of different types of statistics-related documents and program codes. Its goal is to promote reproducibility and offer a platform for sharing validated knowledge native to the social web. QuantNet and the corresponding Data-Driven Documents-based visualization allow readers to reproduce the tables, pictures and calculations inside this Springer book. “This book provides an excellent introduction to the tools from probability and statistics necessary to analyze financial data. Clearly written and accessible, it will be very useful to students and practitioners alike.” Yacine Ait-Sahalia, Otto Hack 1903 Professor of Finance and Economics, Princeton University.--

Member of

• Universitext,

Assigning source

Provided by publisher

Image bit depth

0

Literary form

non fiction

Nature of contents

dictionaries

Series statement

• Universitext,
• Springer eBooks
• Springer eBooks.