Financial Asset Pricing Theory - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Asset Pricing Theory write by Claus Munk. This book was released on 2013-04-18. Financial Asset Pricing Theory available in PDF, EPUB and Kindle. The book presents models for the pricing of financial assets such as stocks, bonds, and options. The models are formulated and analyzed using concepts and techniques from mathematics and probability theory. It presents important classic models and some recent 'state-of-the-art' models that outperform the classics.
Theory and Econometrics of Financial Asset Pricing
Theory and Econometrics of Financial Asset Pricing - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Theory and Econometrics of Financial Asset Pricing write by Kian Guan Lim. This book was released on 2022-08-22. Theory and Econometrics of Financial Asset Pricing available in PDF, EPUB and Kindle. This book will provide a firm foundation in the understanding of financial economics applied to asset pricing. It carries the real world perspective of how the market works, including behavioral biases, and also wraps that understanding in the context of a rigorous economics framework of investors’ risk preferences, underlying price dynamics, rational choice in the large, and market equilibrium other than inexplicable irrational bubbles. It concentrates on analyses of stock, credit, and option pricing. Existing highly cited finance models in pricing of these assets are covered in detail, and theory is accompanied by rigorous applications of econometrics. Econometrics contain elucidations of both the statistical theory as well as the practice of data analyses. Linear regression methods and some nonlinear methods are also covered. The contribution of this book, and at the same time, its novelty, is in employing materials in probability theory, economics optimization, econometrics, and data analyses together to provide a rigorous and sharp intellect for investment and financial decision-making. Mistakes are often made with far too often sweeping pragmatism without deeply knowing the underpinnings of how the market economics works. This book is written at a level that is both academically rigorous for university courses in investment, derivatives, risk management, as well as not too mathematically deep so that finance and banking graduate professionals can have a real journey into the frontier financial economics thinking and rigorous data analytical findings.
Global Stock Markets
Global Stock Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Stock Markets write by Wolfgang Drobetz. This book was released on 2013-06-29. Global Stock Markets available in PDF, EPUB and Kindle. Wolfgang Drobetz provides empirical evidence on the time variation of expected stock returns over the stages of the business cycle.
Advanced Asset Pricing Theory
Advanced Asset Pricing Theory - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Advanced Asset Pricing Theory write by Ma Chenghu. This book was released on 2011-01-03. Advanced Asset Pricing Theory available in PDF, EPUB and Kindle. This book provides a broad introduction of modern asset pricing theory with equal treatments for both discrete-time and continuous-time modeling. Both the no-arbitrage and the general equilibrium approaches of asset pricing theory are treated coherently within the general equilibrium framework.The analyses and coverage are up to date, comprehensive and in-depth. Topics include microeconomic foundation of asset pricing theory, the no-arbitrage principle and fundamental theorem, risk measurement and risk management, sequential portfolio choice, equity premium decomposition, option pricing, bond pricing and term structure of interest rates. The merits and limitations are expounded with respect to allocation and information market efficiency, along with the classical expectations hypothesis concerning the information content of yield curve and bond prices. Efforts are also made towards the resolution of several well-documented puzzles in empirical finance, which include the equity premium puzzle, the risk free rate puzzle, and the money-ness bias phenomenon of Black-Scholes option pricing model.The theory is self-contained and unified in presentation. The inclusion of proofs and derivations to enhance the transparency of the underlying arguments and conditions for the validity of the economic theory makes an ideal advanced textbook or reference book for graduate students specializing in financial economics and quantitative finance. The explanations are detailed enough to capture the interest of those curious readers, and complete enough to provide necessary background material needed to explore further the subject and research literature.
Introduction To Finance: Financial Management And Investment Management
Introduction To Finance: Financial Management And Investment Management - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Introduction To Finance: Financial Management And Investment Management write by Pamela Peterson Drake. This book was released on 2021-12-20. Introduction To Finance: Financial Management And Investment Management available in PDF, EPUB and Kindle. This book covers the fundamentals of financial management and investment management without getting into the highly technical topics and mathematical rigor. It also provides a practitioner-oriented approach to financial and investment management.The field of finance covers several specialty areas. The two most important ones which set the foundations for the other specialty areas are financial management and investment management, and these are the two major topics covered in the book. After touching on the basics — the financial system and the players, financial statements, and mathematics of finance — the authors then cover financial management and investment management in greater depth. For financial management the authors focus on financial strategy and financial planning, dividend policy, corporate financing decisions, entrepreneurial finance, financial risk management, and capital budgeting decisions. The investment management coverage includes the different types of risks faced in investing, company analysis, valuing common stock, portfolio selection, asset pricing theory, and investing in common stocks and bonds. The last chapter of the book covers financial derivatives and how they are used in finance to control risk.
