Handbook of Computational Finance

Nonfiction, Science & Nature, Mathematics, Counting & Numeration, Business & Finance, Economics, Statistics
Cover of the book Handbook of Computational Finance by , Springer Berlin Heidelberg
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9783642172540
Publisher: Springer Berlin Heidelberg Publication: October 25, 2011
Imprint: Springer Language: English
Author:
ISBN: 9783642172540
Publisher: Springer Berlin Heidelberg
Publication: October 25, 2011
Imprint: Springer
Language: English

Any financial asset that is openly traded has a market price. Except for extreme market conditions, market price may be more or less than a “fair” value. Fair value is likely to be some complicated function of the current intrinsic value of tangible or intangible assets underlying the claim and our assessment of the characteristics of the underlying assets with respect to the expected rate of growth, future dividends, volatility, and other relevant market factors. Some of these factors that affect the price can be measured at the time of a transaction with reasonably high accuracy. Most factors, however, relate to expectations about the future and to subjective issues, such as current management, corporate policies and market environment, that could affect the future financial performance of the underlying assets. Models are thus needed to describe the stochastic factors and environment, and their implementations inevitably require computational finance tools.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Any financial asset that is openly traded has a market price. Except for extreme market conditions, market price may be more or less than a “fair” value. Fair value is likely to be some complicated function of the current intrinsic value of tangible or intangible assets underlying the claim and our assessment of the characteristics of the underlying assets with respect to the expected rate of growth, future dividends, volatility, and other relevant market factors. Some of these factors that affect the price can be measured at the time of a transaction with reasonably high accuracy. Most factors, however, relate to expectations about the future and to subjective issues, such as current management, corporate policies and market environment, that could affect the future financial performance of the underlying assets. Models are thus needed to describe the stochastic factors and environment, and their implementations inevitably require computational finance tools.

More books from Springer Berlin Heidelberg

Cover of the book Koordinationschemie by
Cover of the book The Psychology of Human Leadership by
Cover of the book Earth System Science: Bridging the Gaps between Disciplines by
Cover of the book An der Hochschule lehren by
Cover of the book Wilms Tumor: Clinical and Molecular Characterization by
Cover of the book Nonlinear Estimation and Control of Automotive Drivetrains by
Cover of the book Histological Typing of Tumours of the Exocrine Pancreas by
Cover of the book Psychological Managements for Psychosomatic Disorders by
Cover of the book Hydroxamic Acids by
Cover of the book Blast Waves by
Cover of the book Projektmanagement am Rande des Chaos by
Cover of the book Modern Phylogenetic Comparative Methods and Their Application in Evolutionary Biology by
Cover of the book Integrated Risk Governance by
Cover of the book Nervenchirurgie by
Cover of the book Logistikmanagement by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy