.png){kind=logo}
Stock image for illustration purposes only - book cover, edition or condition may vary.
Preparing for the Worst
Hrishikesh (Rick) D. Vinod
€ 175.10
FREE Delivery in Ireland
Description for Preparing for the Worst
Hardcover. Stock market investors have very different reactions to downside versus upside risk. This book begins by explaining the current treatment of stock market risk and methods of lowering that risk. The authors go on to show that many types of asymmetry of stock returns or investor reactions cause the existing theory to fail. Series: Wiley Series in Probability and Statistics. Num Pages: 286 pages, Illustrations. BIC Classification: KFFM. Category: (P) Professional & Vocational. Dimension: 235 x 163 x 20. Weight in Grams: 564.
A timely approach to downside risk and its role in stock market investments
A timely approach to downside risk and its role in stock market investments
When dealing with the topic of risk analysis, most books on investments treat downside and upside risk equally. Preparing for the Worst takes an entirely novel approach by focusing on downside risk and explaining how to incorporate it into investment decisions. Highlighting this asymmetry of the stock market, the authors describe how existing theories miss the downside and follow with explanations of how it can be included. Various techniques for calculating downside risk are demonstrated.
This book presents the latest ideas in the field from the ... Read more
- Incorporates Value at Risk into the theoretical discussion
- Uses many examples to illustrate downside risk in U.S., international, and emerging market investments
- Addresses downside risk arising from fraud and corruption
- Includes step-by-step instructions on how to implement the methods introduced in this book
- Offers advice on how to avoid pitfalls in calculations and computer programming
- Provides software use information and tips
Product Details
Format
Hardback
Publication date
2004
Publisher
John Wiley and Sons Ltd United States
Number of pages
286
Condition
New
Series
Wiley Series in Probability and Statistics
Number of Pages
320
Place of Publication
, United States
ISBN
9780471234425
SKU
V9780471234425
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Hrishikesh (Rick) D. Vinod
HRISHIKESH D. VINOD, PhD, is Director of the Institute for Ethics and Economic Policy and Professor of Economics at Fordham University in New York. He is also a Fellow of the International Institute of Public Ethics and of the Journal of Econometrics. DERRICK P. REAGLE, PhD, is Associate Chair for Graduate Studies in the Department of Economics at Fordham ... Read more
Reviews for Preparing for the Worst
"…most students in market finance would benefit from using it as an introduction to downside risks." (Journal of the American Statistical Association, December 2005) “…presents the latest ideas in the field from the ground up…” (Zentralblatt MATH, Vol. 1064 (15), 2005)