Applied Probabilistic Calculus for Financial Engineering : An Introduction Using R

Language: English

Published by Wiley Okt 2017, 2017

1119387612 / 9781119387619

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Neuware - Illustrates how R may be used successfully to solve problems in quantitative financeApplied Probabilistic Calculus for Financial Engineering: An Introduction Using R provides R recipes for asset allocation and portfolio optimization problems. It begins by introducing all the necessary probabilistic and statistical foundations, before moving on to topics related to asset allocation and portfolio optimization with R codes illustrated for various examples. This clear and concise book covers financial engineering, using R in data analysis, and univariate, bivariate, and multivariate data analysis. It examines probabilistic calculus for modeling financial engineering--walking the reader through building an effective financial model from the Geometric Brownian Motion (GBM) Model via probabilistic calculus, while also covering Ito Calculus. Classical mathematical models in financial engineering and modern portfolio theory are discussed--along with the Two Mutual Fund Theorem and The Sharpe Ratio. The book also looks at R as a calculator and using R in data analysis in financial engineering. Additionally, it covers asset allocation using R, financial risk modeling and portfolio optimization using R, global and local optimal values, locating functional maxima and minima, and portfolio optimization by performance analytics in CRAN.\* Covers optimization methodologies in probabilistic calculus for financial engineering\* Answers the question: What does a 'Random Walk' Financial Theory look like \* Covers the GBM Model and the Random Walk Model\* Examines modern theories of portfolio optimization, including The Markowitz Model of Modern Portfolio Theory (MPT), The Black-Litterman Model, and The Black-Scholes Option Pricing ModelApplied Probabilistic Calculus for Financial Engineering: An Introduction Using R s an ideal reference for professionals and students in economics, econometrics, and finance, as well as for financial investment quants and financial engineers.…

Seller Inventory # 9781119387619

Title
Applied Probabilistic Calculus for Financial Engineering : An Introduction Using R
Author
Bertram K C Chan
Publisher
Wiley Okt 2017
Publication year
2017
Condition
Neu
Binding
Buch
Language
English
ISBN 10
1119387612
ISBN 13
9781119387619
Item weight
1,002 grams
Dimensions
231x160x33 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

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