Read more
Informationen zum 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. Klappentext An accessible, thorough introduction to quantitative financeDoes the complex world of quantitative finance make you quiver? You're not alone! It's a tough subject for even high-level financial gurus to grasp, but 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 get up-to-speed on 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 the field of mathematics applied to financial markets. It's a highly technical discipline--but almost all investment companies and hedge funds use quantitative methods. This fun and friendly guide breaks the subject of quantitative finance down to easily digestible parts, making it approachable for personal investors and finance students alike. With the help of Quantitative Finance For Dummies, you'll learn the mathematical skills necessary for success with quantitative finance, the most up-to-date portfolio and risk management applications and everything you need to know about basic derivatives pricing.* Covers the core models, formulas and methods used in quantitative finance* Includes examples and brief exercises to help augment your understanding of QF* Provides an easy-to-follow introduction to the complex world of quantitative finance* Explains how QF methods are used to define the current market value of a derivative securityWhether you're an aspiring quant or a top-tier personal investor, Quantitative Finance For Dummies is your go-to guide for coming to grips with QF/risk management. Zusammenfassung An accessible! thorough introduction to quantitative financeDoes the complex world of quantitative finance make you quiver? You're not alone! It's a tough subject for even high-level financial gurus to grasp! but 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 get up-to-speed on 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 the field of mathematics applied to financial markets. It's a highly technical discipline--but almost all investment companies and hedge funds use quantitative methods. This fun and friendly guide breaks the subject of quantitative finance down to easily digestible parts! making it approachable for personal investors and finance students alike. With the help of Quantitative Finance For Dummies! you'll learn the mathematical skills necessary for success with quantitative finance! the most up-to-date portfolio and risk management applications and everything you need to know about basic derivatives pricing.* Covers the core models! formulas and methods used in quantitative finance* Includes examples and brief exercises to help augment your understanding of QF* Provides an easy-to-follow introduction to the complex world of quantitative finance* Explains how QF methods are used to define the current market value of a derivative securityWhether you're an aspiring quant or a top-tier personal investor! Quantitative Finance For Dummies is your go-to guide for coming to grips with QF/risk management. Inhaltsverzeichnis Introduction 1 About This Book ...
List of contents
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 (VaR) 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
