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Cover image for book Statistics of Financial Markets

Statistics of Financial Markets

Exercises and Solutions
By:Szymon Borak; Wolfgang Karl Härdle; Brenda López-Cabrera
Publisher:Springer Nature
Print ISBN:9783642111334
eText ISBN:9783642111341
Edition:0
Copyright:2010
Format:Page Fidelity

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Practice makes perfect. Therefore the best method of mastering models is working with them. In this book we present a collection of exercises and solutions which can be helpful in the comprehension of Statistics of Financial Markets. The exercises illustrate the theory by discussing practical examples in detail. We provide computational solutions for the problems, which are all calculated using R and Matlab. The corresponding Quantlets - a name we give to these program codes - are provided in this book. They follow the name scheme SFSxyz123 and can be downloaded from the Springer homepage. We have sought to strike a balance between theoretical presentation and practical challenges. The book is divided into three main parts, in which we discuss option pricing, time series analysis and advanced quantitative statistical techniques in finance.