Mastering Value Risk: A step-by-step guide to understanding & applying VAR (The Mastering Series)
Language: English
Published by - -, 1998
- Softcover
- Used
Seller: Bahamut Media, Reading, United KingdomBahamut Media
AbeBooks seller since August 15, 2012
Condition: Used - Very good
£ 3.38
Quantity: 2 available
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This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping.
Seller Inventory # 6545-9780273637523
- Title
- Mastering Value Risk: A step-by-step guide to understanding & applying VAR (The Mastering Series)
- Author
- -
- Publisher
- - -
- Publication year
- 1998
- Condition
- Very Good
- Binding
- Paperback
- Language
- English
- ISBN 10
- 0273637525
- ISBN 13
- 9780273637523
"Synopsis" may belong to another edition of this title.
From the Back Cover
“This book provides a solid foundation for an understanding of Value at Risk from both an internal and a regulatory perspective, which should be invaluable as both an initial read and also as a continuing source of reference. Keep this by your side as a roadmap through the jungle of competing models, mathematical formulae and erudite statistics.”
- Dr Richard Flavell, Director, Lombard Risk Systems
“Cormac Butler has the distinct advantage of being a trainer in the subject, which is definitely the best assurance that he is fully up-to-speed in this complex and constantly changing field.”
- Dr D C Gardner, Chairman, Birchin International plc
The estimation of potential losses that could arise from adverse changes in market conditions is a key element of risk management. For financial institutions and corporate treasuries across the world, Value at Risk (VaR) is rapidly emerging as the dominant methodology for estimating precisely how much money is at risk each day in the financial markets.
However, the communication and application of VaR is a field in which the signal to noise ratio is not high. There is neither a widespread intuitive understanding of VaR in the market, nor an appreciation of the practicalities of its implementation and limitations.
Mastering Value at Risk will close that knowledge gap, introducing this potentially powerful methodology to those most in need of its benefits, and helping all those who encounter VaR to use it wisely.
Key topics examined include:
- A practical introduction to Value at Risk
- Value at Risk as a Tool in Supervisory Regulation
- A profile of VaR methods, how matrices are used to calculate VaR and a comparison of the variance covariance approach with other methods
- VaR on forward rate agreements
- The risk sensitivities of options
- Applying VaR principles to Credit Control
"About the title" may belong to another edition of this title.
Bahamut Media
Reading, United Kingdom
AbeBooks seller since August 15, 2012
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