000			01838nam a2200169Ia 4500
020			_a978-0121742324
082			_a332,645 CHR
100			_aChristoffersen, Peter F
245			_aElements of financial risk management
260			_c2003 _bAcademic Press _aSan Diego
300			_axiii, 214p. _b23 cm ; Hard Bound
500			_aRs.3807/-
505			_a1. Risk Management and Financial Returns 2. Volatility Forecasting 3. Correlation Modeling 4. Modeling the Conditional Distribution 5. Simulation-Based Methods 6. Option Pricing 7. Modeling Option Risk 8. Backtesting and Stress Testing
520			_aValue-at-Risk has emerged as the standard tool for measuring and reporting financial market risk. Currently, more than eighty commercial vendors offer enterprise or trading risk management systems that provide VAR-like measures. Risk managers are therefore often left with the daunting task of having to choose from this plethora of risk measures. While basic VAR textbooks describe average VAR situations, the vast majority of these situations are abnormal. Elements of Financial Risk Management focuses on implementation, especially recent techniques which facilitate "bridging the gap" between standard textbooks on risk and real-life risk management systems. This book will appeal to practitioners in the financial services and investment industries, as well as graduate students and advanced undergraduates who want exposure to these techniques. *Pinpoints key features of risk asset returns and captures them in tractable statistical models in the accompanying CD-ROM *Presents step-by-step approaches as a means to solve problems *Visible patterns in the data motivate the choices of tools, and when tools fall short, it presents the next tool.
650			_aRisk Management _aFinancial risk management _aFinance
942			_cBK
999			_c96520 _d96520