Statistics of Financial Markets: An Introduction

Jurgen Franke,Wolfgang Karl Hardle,Christian Matthias Hafner

Statistics of Financial Markets: An Introduction
Format
Paperback
Publisher
Springer Nature Switzerland AG
Country
Switzerland
Published
9 August 2019
Pages
585
ISBN
9783030137502

Statistics of Financial Markets: An Introduction

Jurgen Franke,Wolfgang Karl Hardle,Christian Matthias Hafner

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Preface to the Fith Edition.- Part I Option Pricing.- Derivatives.- Introduction to Option Management.- Basic Concepts of Probability Theory.- Stochastic Processes in Discrete Time.- Stochastic Integrals and Differential Equations.- Black-Scholes Option Pricing Model.- Binomial Model for European Options.- American Options.- Exotic Options.- Interest Rates and Interest Rate Derivatives.- Part II Statistical Models of Financial Time Series.- Introduction: Definitions and Concepts.- ARIMA Time Series Models.- Time Series with Stochastic Volatility.- Long Memory Time Series.- Non-Parametric and Flexible Time Series Estimators.- Part III Selected Financial Applications.- Value at Risk and Backtesting.- Copulae and Value at Risk.- Statistics of Extreme Risks.- Neural Networks and Deep Learning.- Volatility Risk of Option Portfolios.- Nonparametric Estimators for the Probability of Default.- Credit Risk Management and Credit Derivatives.- Financial econometrics of Crypto-currencies.- A Technical Appendix.- Index.- Symbols and Notations.

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