Hedging Market Exposures : Identifying and Managing Market Risks.

• Κύριος συγγραφέας: Haughey, Brian (Συγγραφέας)
• Μορφή: Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Wiley 2011.
• Σειρά: Wiley finance series.
• Θέματα: Portfolio management.; Risk management.; Hedging (Finance); BUSINESS & ECONOMICS > Finance.; Electronic resource.; Electronic books.

"Identify and understand the risks facing your portfolio, how to quantify them, and the best tools to hedge them This book scrutinizes the various risks confronting a portfolio, equips the reader with the tools necessary to identify and understand these risks, and discusses the best ways to hed...

Πίνακας περιεχομένων:

• Machine generated contents note: ch. 1 The Economic Environment
• 1.1.Introduction
• 1.2.Inflation and Unemployment
• 1.3.Central Banks and the Money Supply
• 1.4.The Business Cycle
• 1.5.Predicting the Future?
• 1.6.Economic Indicators
• ch. 2 Risk: An Introduction
• 2.1.What Is Risk?
• 2.2.Risks of Financial Instruments
• 2.3.Operational Risk
• 2.4.What Risks Are in Your Portfolio? Hidden Hazards
• 2.5.Hedging Market Risks
• ch. 3 Asset Modeling
• 3.1.Asset Value
• 3.2.Financial Models
• 3.3.Valuation Principles
• 3.4.Discount Rates Selection
• 3.5.Cash Flow Projection and Asset Valuation
• 3.6.Stochastic Asset Valuation
• 3.7.The Monte Carlo Method
• 3.8.Stochastic Extrapolation
• ch. 4 Market Exposures and Factor Sensitivities
• 4.1.From Valuation to Responses and Sensitivities
• 4.2.Response Matrix and Scenario Grid
• 4.3.Stress-Testing
• 4.4.Sensitivities
• 4.5.Interest Rate Sensitivities: Duration, PV01, Convexity, Key Rate Measures
• 4.6.Numerical Evaluation of Sensitivities
• 4.7.Performance Attribution and Completeness Test
• ch. 5 Quantifying Portfolio Risks
• 5.1.The Nature of Risk
• 5.2.Standard Risk Measures
• 5.3.Optimal Hedge Sizing
• 5.4.Tail-Risk Measures
• ch. 6 The Decision to Hedge
• 6.1.To Hedge or Not to Hedge?
• 6.2.The Hedging Process
• ch. 7 Constructing a Hedge
• 7.1.An Ideal Hedge
• 7.2.A Sample Hedge
• 7.3.Static and Dynamic Hedging
• 7.4.Proxy Hedging
• 7.5.Protection versus Upside
• 7.6.Basis Risk
• 7.7.Unintended Consequences
• 7.8.Hedging Credit Risk
• 7.9.Hedging Prepayment, Redemption, and Other Human Behavior Risks
• 7.10.Execution.