Price Dynamics from First Principles - Volume I (B&W)

Language: English

Published by Eudaimonia Sep 2026, 2026

9334538392 / 9789334538397

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This item is printed on demand - Print on Demand Titel. Neuware -Most books on price dynamics assume you already know the mathematics. This one teaches it.This book begins with a coin flip and builds toward a calibrated volatility surface. Then it takes the framework beyond the Black-Scholes frontier, into regime switching, long memory, rough volatility, agent-based markets, machine learning, generative models, and neural stochastic differential equations.THE MODELS COVERED IN THIS BOOK¿ The random walk - ruin, the arcsine law, and why square-root scaling is not a metaphor¿ Arithmetic Brownian motion - Bachelier's forgotten thesis, and the negative prices of April 2020¿ Geometric Brownian motion - the log-normal world and exactly where it lies to you¿ Mean-reverting models - Ornstein-Uhlenbeck, and the trap of estimating a half-life from short samples¿ Jump diffusion and Lévy processes - what a crash is, mathematically¿ Stochastic, local, and stochastic-local volatility - Heston, Dupire, and the smile¿ GARCH - volatility clustering, and why yesterday still mattersTHE INTERPRETATION SECTIONS ARE THE POINT OF THE BOOK.Plenty of readers can fit a model. Far fewer can say why the persistence estimate crept toward one, what a negative estimated jump intensity means, when a calibrated local volatility surface should be disbelieved, or why adding one parameter can flip the sign of another.FORSelf-taught quants, graduate students entering mathematical finance and industry practitioners. 510 pp. Englisch. …

Title
Price Dynamics from First Principles - Volume I (B&W)
Author
Sridhar P L
Publisher
Eudaimonia Sep 2026
Publication year
2026
Condition
Neu
Binding
Buch
Language
English
ISBN 10
9334538392
ISBN 13
9789334538397
Item weight
1,082 grams
Dimensions
260x183x32 mm

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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Impressum Thorsten Retsch Buchversand Mimpf2000 Oberölschnitz 16 95517 Emtmannsberg Deutschland Telefon: 09209-2023188 Email: mimpf2000@online.de USt-ID-Nr.: DE 235096871 Wir führen gebrauchte Bücher aus allen Sparten der Literatur

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Buchversand Mimpf2000
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USt-IdNr.: DE 235096871

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