ISBN:
9783031238703
Language:
English
Pages:
1 Online-Ressource (XII, 353 p. 188 illus., 183 illus. in color.)
Series Statement:
Springer Texts in Business and Economics
Uniform Title:
Quantitative Finance. Strategien, Investments, Analysen
Parallel Title:
Erscheint auch als
Parallel Title:
Erscheint auch als
Keywords:
Social sciences—Mathematics.
;
Financial engineering.
;
Capital market.
;
Financial risk management.
;
Social sciences
;
Trading
;
Derivatives
;
Financial Mathematics
;
Stochastic Analysis
;
Valuation
;
Capital Markets
;
Financial Products
;
Financial Strategies
;
Portfolio Diversification
;
Volatilities
;
Lehrbuch
Abstract:
Volatilities -- Extensions of the Black-Scholes theory to other types of options (futures options, currency options, American options, path-dependent options, multi-asset options) -- Fundamentals: stochastic analysis and applications, interest rate dynamics, and basic principles of pricing interest rate derivatives.
Abstract:
This textbook provides the necessary techniques from financial mathematics and stochastic analysis for the valuation of more complex financial products and strategies. The author discusses how to make use of mathematical methods to analyse volatilities in capital markets. Furthermore, he illustrates how to apply and extend the Black-Scholes theory to several fields in finance. In the final section of the book, the author introduces the readers to the fundamentals of stochastic analysis and presents examples of applications. This book builds on the previous volume of the author’s trilogy on quantitative finance. The aim of the second volume is to present and discuss more complex and advanced techniques of modern financial mathematics in a way that is intuitive and easy to follow. As in the previous volume, the author provides financial mathematicians with insights into practical requirements when applying financial mathematical techniques in the real world.
Note:
This book was translated by Nina Sattler-Hovdar, based on the highly successful German book "Quantitative Finance. Strategien, Investments, Analysen" by Springer Gabler (2020)
DOI:
10.1007/978-3-031-23870-3
Permalink
