Fundamental Models in Financial Theory (MIT Press)
Blowout Sale! Save 56% on the Fundamental Models in Financial Theory (MIT Press) by The MIT Press at HYIP Offer. Hurry! Limited time offer. Offer valid only while supplies last. Understanding and applying complex modern financial models in real life scenarios, including the Black-Litterman model for constructing an optimal
Understanding and applying complex modern financial models in real life scenarios, including the Black-Litterman model for constructing an optimal portfolio while incorporating personal views.
This book provides an innovative, integrated, and methodical approach to understanding complex financial models, integrating topics usually presented separately into a comprehensive whole. The book brings together financial models and high-level mathematics, reviewing the mathematical background necessary for understanding these models organically and in context. It begins with underlying assumptions and progresses logically through increasingly complex models to operative conclusions. Readers who have mastered the material will gain the tools needed to put theory into practice and incorporate financial models into real-life investment, financial, and business scenarios.
Modern finance's most bothersome shortcoming is that the two basic models for building an optimal investment portfolio, Markowitz's mean-variance model and Sharpe and Treynor's Capital Asset Pricing Model (CAPM), fall short when we try to apply them using Excel Solver. This book explores these two models in detail, and for the first time in a textbook the Black-Litterman model for building an optimal portfolio constructed from a small number of assets (developed at Goldman Sachs) is thoroughly presented. The model's integration of personal views and its application using Excel templates are demonstrated. The book also offers innovative presentations of the Modigliani--Miller model and the Consumption-Based Capital Asset Pricing Model (CCAPM). Problems at the end of each chapter invite the reader to put the models into immediate use. Fundamental Models in Financial Theory is suitable for classroom use or as a reference for finance practitioners.
|Manufacturer:||The MIT Press|
|Publisher:||The MIT Press|
|Studio:||The MIT Press|
|Item Weight:||1.72 pounds|
|Item Size:||0.81 x 9 x 9 inches|
|Package Weight:||1.7 pounds|
|Package Size:||6.2 x 1.1 x 1.1 inches|
Have questions about this item, or would like to inquire about a custom or bulk order?
If you have any questions about this product by The MIT Press, contact us by completing and submitting the form below. If you are looking for a specif part number, please include it with your message.
Related Best Sellers
By World Scientific Pub Co Inc
ean: 9789813231122, isbn: 9813231122,
This book exposes and comments on the consequences of Reg NMS and MiFID on market microstructure. It covers changes in market design, electronic trading, and investor and trader behaviors. The emergence of high frequency trading and critical events l...
By Kekstadt Theodore
ean: 9781533466174, isbn: 1533466173,
High Probable Japanese Candlestick Patterns – For 21st Century Online Traders is a little black book of Japanese Candlestick analysis applications. This illustrative financial market text injects the reader into the heart of the predominant formati...
By World Scientific Publishing Company
ean: 9789814725910, isbn: 9814725919,
Optimal Mean Reversion Trading: Mathematical Analysis and Practical Applications provides a systematic study to the practical problem of optimal trading in the presence of mean-reverting price dynamics. It is self-contained and organized in its prese...
By CreateSpace Independent Publishing Platform
ean: 9781541119826, isbn: 1541119827,
The trader's guide to using the Ichimoku indicator on technical charting and market analysis. After years of studying the principles of market sentiment, investment expert and adjunct professor at Baruch College, Kiana Danial, gets to the bottom of ...
By CreateSpace Independent Publishing Platform
mpn: black & white illustrations, ean: 9781511459846, isbn: 1511459840,
“Todo sobre FOREX: Teoría y Práctica” es el manual mas completo del mercado para operar en FOREX y conseguir ¡¡ RENTABILIDAD MES A MES!! Integra las herramientas necesarias para capacitarte con un trader exitoso en el mercado de divisas. "Tod...
By Rubano Joel
ean: 9780997629507, isbn: 0997629509,
Trader Construction Kit is a comprehensive resource for undergraduate, MBA and Masters of Finance students interested in a career with a bank, hedge fund or other financial institution. Trader Construction Kit is a practical guide to developing the s...
By Advantage Media Group
ean: 9781599325040, isbn: 1599325047,
Finally! Everything you need to know to become a remarkably successful hard moneylender in real estate―by an acknowledged leader in the field.Are you looking for a lucrative career in hard money lending in real estate?Are you fed up investing in ov...
ean: 9781119048336, isbn: 1119048338,
Ed Ponsi's straightforward guide to understanding technical analysisTechnical Analysis and Chart Interpretations delivers simple explanations and easy-to-understand techniques that demystify the technical analysis process. In his usual straightforwa...
ean: 9781119224334, isbn: 1119224330,
A detailed 10-stage roadmap for investors to achieve stock market mastery with their own consistently profitable, high-probability investment systemTensile Trading provides a complete, step-by-step roadmap for investors of all levels, and coaches the...
ean: 9781118967454, isbn: 1118967453,
An essential guide to real-world derivatives tradingFX Derivatives Trader School is the definitive guide to the technical and practical knowledge required for successful foreign exchange derivatives trading. Accessible in style and comprehensive in c...