Monte Carlo Methods in Finance (eBook)

Simulation Techniques for Market Modeling

William Johnson (Autor)

eBook Download: EPUB

2024 | 1. Auflage
325 Seiten
HiTeX Press (Verlag)
978-0-00-065753-4 (ISBN)

Infos

'Monte Carlo Methods in Finance: Simulation Techniques for Market Modeling' presents a sophisticated and in-depth exploration of Monte Carlo simulations, a vital tool in modern financial analysis. This book deftly bridges the gap between theoretical constructs and practical implementation, guiding readers through a comprehensive understanding of how these methods unlock insights into the complexities of financial markets. Through capturing the randomness and volatility inherent in financial systems, Monte Carlo techniques provide a structured approach to modeling uncertainty, pricing derivatives, optimizing portfolios, and managing risk with precision and rigor.
With a focus on making advanced concepts accessible, this book seamlessly integrates foundational theories with real-world applications. Each chapter meticulously explores critical subjects-ranging from stochastic processes and option pricing to credit risk and machine learning-while providing clear step-by-step Python implementations. As readers progress, they gain robust skills in executing simulations and interpreting results, empowering them to make informed financial decisions. Whether you are a student, a practitioner, or someone with a keen interest in quantitative finance, this text serves as an invaluable resource for mastering the intricacies of Monte Carlo methods and their impactful role in shaping contemporary finance.

Produkt-Details

• Erscheint lt. Verlag: 16.10.2024
• Sprache: englisch
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• ISBN-10: 0-00-065753-0 / 0000657530
• ISBN-13: 978-0-00-065753-4 / 9780000657534