A concise introduction to financial risk management strategies, policies, and techniques This ideal guide for business professionals focuses on strategic and management issues associated with financial risk. Essentials of Financial Risk Management identifies risk-mitigation policies and strategies; suggestions for determining an organization's risk tolerance; and sources of risk associated with currency exchange rates, interest rates, credit exposure, commodity prices, and other related events. Examples illustrate risk scenarios and offer tips on an array of management alternatives, including changes in the way business is conducted and hedging strategies involving derivatives.
The objective of this book is to give a general view of the different areas of financial risk management, and its applications. It picks up individual branches and explains their need and contribution in the context of a growing economy.
It is based on the law of one price, which states that identical items should be offered at the same price. ... also known as factor loading ε j =therisky asset's idiosyncratic random shock with a mean of zero APT and CAPM are two ...
The essential guide to quantifying risk vs. return has been updated to reveal the newest, most effective innovations in financial risk management Written for risk professionals and non-risk professionals alike, this easy-to-understand guide ...
In Financial Risk Management Fundamentals, you'll learn from financial expert Jason Schenker about nine different kinds of financial and non-financial risks in order to identify, reduce, and mitigate them.
Financial Risk Management Fundamentals
Engaging and informative, this book offers a balanced account of financial risk management.
The Second Edition of this best-selling book expands its advanced approach to financial risk models by covering market, credit, and integrated risk.
This timely guide skillfully surveys the landscape of financial risk and the financial developments of recent decades that culminated in the crisis.
A multivariate distribution can be created by mixing and matching marginals and copulas. ... This is particularly important for risk measurement because it is when variables move together simultaneously that the largest losses occur.
This book covers the various roles of the risk management function.