This book examines non-Gaussian distributions. It addresses the causes and consequences of non-normality and time dependency in both asset returns and option prices. The book is written for non-mathematicians who want to model financial market prices so the emphasis throughout is on practice. There are abundant empirical illustrations of the models and techniques described, many of which could be equally applied to other financial time series.
This book examines non-Gaussian distributions. It addresses the causes and consequences of non-normality and time dependency in both asset returns and option prices. The book is written for non-mathematicians who want to model financial market prices so the emphasis throughout is on practice. There are abundant empirical illustrations of the models and techniques described, many of which could be equally applied to other financial time series.
Financial Modeling Under Non-Gaussian Distributions
541
Financial Modeling Under Non-Gaussian Distributions
541Paperback(Softcover reprint of hardcover 1st ed. 2007)
Product Details
| ISBN-13: | 9781849965996 |
|---|---|
| Publisher: | Springer London |
| Publication date: | 12/10/2010 |
| Series: | Springer Finance , #5 |
| Edition description: | Softcover reprint of hardcover 1st ed. 2007 |
| Pages: | 541 |
| Product dimensions: | 6.10(w) x 9.25(h) x 0.04(d) |